As of August 1, a number of surcharge must be imposed on most of the trade partners of the United States, some, some, sectoral, very heavy, like the 50% planned on products manufactured with copper.
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If South Korea has finally escaped the highest, other countries such as Brazil and India are found under significant surcharge.
Korea: penultimate minute agreement
Donald Trump said on Wednesday that it had reached a trade agreement with South Korea, providing for the application of 15% customs duties to South Korean products entering the United States.
He said Seoul has committed to investing $ 350 billion in the United States.
The rate of 15% is significantly lower than the 25% that Trump had threatened to impose before.
According to the South Korean presidency, the rights to the automobile-one of the main Export products in Seoul-will also remain 15%.
Canada
Donald Trump strongly criticized Canada after Prime Minister Mark Carney announced his intention to recognize a Palestinian state at the UN General Assembly in September, warning of a commercial friction with Ottawa.
He had previously declared that he would increase customs duties to 35% on Canadian products if no agreement was concluded by August 1.
“Wow!” Canada has just announced that it supports the creation of a Palestinian state, “the American president wrote on his Truth Social platform. “It will become very difficult for us to conclude a trade agreement with them. »»
Brazil: surcharges for prosecution against Bolsonaro
Unlike other customs duties imposed by Trump, the measures against Brazil are openly political.
On Wednesday, Donald Trump imposed radical customs duties in Brazil and sanctioned the judge supervising the trial of his far -right ally Jair Bolsonaro, accused of attempted “coup” in the greatest economy in Latin America.
Customs duties of 50% realize Trump’s threats to use American economic power to punish Brazil-and the Supreme Court Judge Alexander of Moraes-for what he called “witch hunt” against the ex-president.
The tenant of the White House signed a decree in this sense on Wednesday, effective from August 6.
According to the decree, the surcharge is justified by “the unusual and extraordinary threat that constitutes Brazil for national security, the economy and foreign policy of the United States”.
Copper: only the crude crown
Donald Trump has signed a “proclamation” bringing customs duties concerning 50% copper from Friday, but only on products made with copper, and not raw metal, which reassures professionals in the sector.
The White House announced on Wednesday that from August 1, customs duties of 50% would apply to imports of semi-finished copper products such as pipes, wires and tubes, as well as derivatives with a high copper content such as cables, connectors or electrical components.
India: New Trump target
In addition to 25% customs duties on Indian imports, Donald Trump also announced an “penalty” not specified for Russian weapons and energy purchases by New Delhi yesterday.
“It doesn’t matter what India does with Russia. They can sink their dead savings together, for what it doesn’t matter to me, “Trump wrote on his social social platform.
“We have done very little business with India, their customs duties are too high, among the highest in the world,” he added.
EU: Macron disappointment and blurring on French wines
EU exports are now subject to 15% customs duties on most products-a rate higher than the one who prevailed before Trump returns to the White House, but much lower than the 30% threat.
French President Emmanuel Macron deplored Wednesday in the Council of Ministers that the European Union, targeted by 15% of surcharge, was not “fear” enough in its commercial negotiations with the United States and hammered that France would continue to show “requirement and firmness” in the suite of discussions.
“It’s not the end,” Macron told his ministers during a cabinet meeting. “Europe is not yet sufficiently seen as a power. To be free, you have to be feared. We were not enough. »»
“Certain agricultural products” will be exempt from taxation at 15%, said the president of the European Commission Ursula von der Leyen. But no details were provided on Sunday evening.
Small packages: end of the tax exemption
The White House announced on Wednesday the removal of the tax exemption on small packages entering the United States from August 29.
The exemption so far made it possible to send property by a value by a value by a value by $ 800 without having to pay surcharge when they entered American soil.
Small packages will be taxed at the same level as other products from the country of origin or with a specific rate depending on the type of product and its origin.
According to the American presidency, it is a question of “putting an end to a catastrophic flaw used, among other things, to avoid customs duties and send synthetic opioids as well as other dangerous products”.