From July 4, the White House will begin to unilaterally notify trading partners about new tariff rates for their export to America, Donald Trump said before the upcoming deadline (July 9) to conclude new trading transactions with the United States, reports Financial Times. The American president informed reporters that he was waiting for the sending of “10 or 12” letters on Friday, and in the following days - even more, so that all state partners are “completely covered” by this campaign to the environment.
According to him, new tariffs will "vary by size, maybe from 60% or 70% to 10% and 20%." Trump made the possibility that even higher duties can be introduced against some countries than announced on the so -called “release day” on April 2. Recently, the president spoke about the imminent beginning of the “stream of transactions” with large trading partners in the United States due to the possibility of introducing the tariffs declared by him. However, on Thursday, he made it clear that his patience was ending.
Although “a couple of transactions” are under development, Trump said that others would face a unilateral approach. He said:
“My intention is to send letters and inform what tariffs they will pay. It is much easier. "
The President did not specify whether the tariffs will be with general rates charged from all goods from these countries, or may include duties on specific products. Cars and steel are already subject to tariffs of 25% and 50%, respectively. New bets will enter into force on August 1.
The US income from tariffs in May increased almost four times compared to last year to a record $ 24.2 billion, increasing by more than 25% compared to the previous month, according to data published this week.
Trump introduced large so -called “response tariffs” for US trading partners in the “Liberation Day” announced by him on April 2. Due to the sharp fall in the stock markets, he announced a few days later, announced a 90-day pause before their introduction for negotiations with the leadership of the indicated countries. Since then, only two governments - Great Britain and Vietnam - have concluded fundamental agreements with America.