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Negotiations continue after the entry into force of new American customs duties – 08/07/2025 at 21:01

Similarly,

Negotiations continue after entry force:

President Donald Trump at the White House on August 6, 2025 (AFP / Brendan Smialowski) negotiations continue after entry force

President Donald Trump at the White House on August 6, 2025 (AFP / Brendan Smialowski)

Countries continue to negotiate with Washington on Thursday in the hope of reducing the impact of massive surcharge now imposed on their products by Donald Trump, who intends to reshape international trade for the benefit of the United States. However,

Applied since 00:01 (04:01 GMT) these surcharges replace. Meanwhile, for the main trade partners of the United States, the customs duties of 10% implemented in April, which however remain in force for more than a hundred countries. Nevertheless,

The purpose. In addition, according to the American president, is negotiations continue after entry force to rebalance the exchanges between the United States and their partners, who “benefit” from the world’s leading economic power. Furthermore,

“It is midnight !!! Furthermore, billions of dollars in customs duties now flock to the United States of America. Meanwhile, ” he built on his social social network a few minutes after the deadline. Moreover,

These surcharges are in a large fork, between 15% and 41%. Consequently,

Among the partners targeted by the highest rates. However, Switzerland has always been trying in recent days to negotiate with Washington, in the hope of lowering the surcharge by 39% now applied to Swiss products. In addition,

As a sign of good will, Berne announced Thursday not to consider “for the moment” reprisals on American products. Consequently,

– other upcoming surcharge –

The South African government has announced that President Cyril negotiations continue after entry force Ramaphosa had met Wednesday with his American counterpart. Pretoria assuring that “the two leaders have committed to continuing their discussions”.

An investor at Wall Street on August 7, 2025 (AFP / Timothy A. Clary) negotiations continue after entry force

An investor at Wall Street on August 7, 2025 (AFP / Timothy A. Clary)

South Africa is the country in sub -Saharan Africa the hardest targeted. with additional customs duties of 30% now imposed on its exports.

Before the entry into force of these new taxes. the average effective rate applied to products entering the United States was already 18.4%, the highest since 1933, according to the LAB budget research center of Yale University.

This rate should now stand at almost 20%, according to analysts from Pantheon Macroeconomics.

And new negotiations continue after entry force announcements are expected, since the tenant of the White House also wants to tax imported pharmaceuticals and semiconductors.

The latter, as well as the chips, should be applied a 100%tax, he said on Wednesday.

Wall Street nevertheless did not seem particularly worried before this new stage. the indices on the New York Stock Exchange opening up on Thursday, following the trend observed in European markets.

– Expected economic impact –

Investors believe that the entry into force of these customs rights provides more certainties. observe that a number of exceptions have been added, depending on the country, reducing the amplitude of surcharges.

A container carrier on the port of Baltimore (United States) on August 7. 2025 (AFP / Jim Watson) negotiations continue after entry force

A container carrier on negotiations continue after entry force the port of Baltimore (United States) on August 7, 2025 (AFP / Jim Watson)

For the time being, while the American government assured that “dozens of agreements” would be signed in recent months, just seven have been announced, notably with the EU, Japan or the United Kingdom.

These are most often pre-agrees. which still have to be formalized, accompanied by promises of massive investments in the United States.

A sign that everything does not seem finalized yet. Tokyo and Washington made a different reading in recent hours on the way in which the 15% is now applied to Japanese products. Japan sees it as a ceiling (if the previous customs duties were less than 15%). while the United States pointed out that it was added to pre-existing taxes.

The truce in the trade war with China also remains in force. the first negotiations continue after entry force two world economies having granted last month on the maintenance of a price break in order to continue their negotiations: additional American customs duties on Chinese products are temporarily fixed at 30%, while Chinese taxes on American imports remain at 10%.

Scheduled to expire on August 12. the truce should be extended “an additional 90 days”, said on Fox Business the Secretary of Commerce Howard Lutnick, “it’s my feeling”.

President Trump praised the merits of the agreements already concluded, which inflates the public revenues of a largely indebted economy.

According to Howard Lunick, surcharge should bring in the United States $ 50 billion each month. “These are incredible figures. And no one retaliates,” he praised.

The impact of these import taxes. however, continues to worry economists, who see them feeding inflation and slowing growth in the United States, with employment effects.

negotiations continue after entry force

Negotiations continue after entry force

Further reading: The birth of planets around a star observed“The time of the chainsaw has come”Explora Journeys opens reservations for the Monaco Grand Prix 2026Franky Zapata fails to cross the English Channel with a mini-helicopterWhere and how to see the most beautiful rain of shooting stars of the year?.

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