New US tariffs will only come into force from August 7th

According to a government official, the new US tariffs for imports from abroad will only come into force on August 7, not already this Friday. The US government official continued to confirm the German Press Agency on Thursday evening (local time) that this also applies to 15 percent of the EU. US President Donald Trump had previously signed a decree on the new customs regulations.

So far, the Republican had mentioned August 1st as an appointment for the introduction of new tariffs. This date was also mentioned in an EU overview of the recently concluded agreement between the European Union and the United States-there it said the tariffs of 15 percent: “From August 1, the USA will apply this maximum tariff to most of the EU exports.”

The government official answered the dpa to the question of why the start date is not this Friday: The border and customs authorities should be given time to implement the new system.

Trump signed a decree on Thursday that an increase in tariffs provides for dozens of countries, which according to the USA, according to the USA, have a trade deficit. The tariffs imposed are between ten and 41 percent. Trump imposed the highest tariffs against Syria, while a surcharge of 15 percent is planned for the EU, Japan and South Korea. Against South Africa, the United States imposed 30 percent tariffs, 35 percent against Serbia and 39 percent against Switzerland.

The measure aims to “restructure world trade to the advantage of American employees”, it said in a document of the White House.