The executive order signed on Thursday night by Trump establishes tariffs up to 41%, from seven days for 69 commercial partners. Thus, new rates include:
The rhythm of negotiations
Switzerland said he would boost a “Negotiated solution” With the United States, while the president of Taiwan, Lai ching-teHe said that the new 20% tariff for the island was “temporary” and that he expected to reach a lower figure. For its part, the South Africa Commerce Minister Parks TauHe pointed out that he was looking for “real and practical interventions” to defend employment and economy against US 30%.
“Despite having negotiated, they have offered terms that, in my opinion, They do not sufficiently address imbalances in our commercial relationship nor have they aligned enough with the United States in economic and national security, “Trump had remarked in his executive order.
In this sense, India He is holding commercial conversations with the United States, a source from the Indian government to Reuters said on Friday, after the 25% tariff on the exports of the Asian country. It is expected that An American delegation visit New Delhi at the end of this monthhe added.
For its part, Trump on Wednesday imposed a 50% tariff to exports of Brazilintensifying their fight with the country for the processing of the former president Jair Bolsonaro. However, He softened the blowexcluding some of the most important exports in the South American country, such as airplanes, energy and orange juice.
The tension with Canada and Mexico
In parallel, Trump issued an order for Canada that uploaded tariffs on Canadian products related to the Fentanyl to 35%, from the previous 25%, claiming that His northern neighbor “has not cooperated” to stop the flow of illicit narcotics to the United States.
The Canadian Prime Minister, Mark Carnyhe was disappointed by Trump’s decision and He promised to take measures to protect Canadian jobs and diversify exports. “While we will continue to negotiate with the United States about our commercial relationship, the Canadian government is totally concentrated in what we can control: strengthen Canada,” he said in X.
That He contrasted markedly with Trump’s decision to grant Mexico-his other partner of the T-MEC-an extension of 90 days For the application of 30% tariffs on many Mexican products, in order to give it time to negotiate a broader commercial agreement.
So, Mexico avoided a 30% tariff on most of its non -automotive or metallic products that comply with the Free Trade Agreement between the United States, Mexico and Canada (T-MEC). According to the Mexican Economy Ministry, 85% of US imports from Mexico comply with that regulations.
Anyway, Trump said that the United States will maintain a 50% tariff to steel, aluminum and copper Mexicans, as well as a 25% tariff to cars and that they are subject to tariffs related to the fentanyl crisis in the United States. “In addition, Mexico agreed to immediately eliminate its numerous non -tariff commercial barriers,” said the Republican, without providing details.
Source: Ambito
