President Donald Trump said his government will begin sending letters to countries, probably on Friday, to inform the tariff rates that imports will face to the United States.
President Donald Trump said Thursday that His government would begin to send letters to countries, probably on Friday, to identify tariff rates that imports will face to the United States. Trump told journalists before leaving to Iowa that I hoped to sign “a couple more agreements”in addition to the announced Wednesday with Vietnam.
However, Trump indicated that his inclination was to send letters to most other countries, clearly pointing to which tariff rate they faced.
At the same time, the US president said Tuesday that It does not include expanding the term of July 9 so that countries negotiate trade agreements with Washington, And he expressed his skepticism again about the possibility of reaching a pact with Japan.
“We have tried with Japan. I am not sure that we will reach an agreement. I doubt it,”he told journalists aboard Air Force One while returning to the capital after a trip to Florida.
The president said that could impose tariffs of “30% or 35% or whatever the number we determine” on Japanese importsexceeding the 24% tax announced on April 2 and subsequently paused.
July 9: The deadline for negotiations
On July 9, the 90 -day break decreed in April on reciprocal tariffs and, if not reaching agreements, the highest rates would take effect. Trump remarked his decision not to extend that period: “I am not considering extending the deadline for any country in order to allow the conversations to follow,” he told the press.
In April, USA applied a 24% tariff to imports from Japan during the so -called “Liberation Day”, although then reduced it to 10% for 90 days to facilitate bilateral negotiations. In addition, Japanese cars and auto parts pay a 25%tax, and steel and aluminum face 50%levies. Washington demands tokyo more purchases of American rice and greater opening to cars manufactured in the US, demands that Japan has repeatedly rejected.
Source: Ambito
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