A “very difficult” agreement if Canada recognizes Palestine, says Trump

(Washington) Donald Trump again defended his customs duties multiplication policy on imports in the United States, on the eve of the deadline of 1^is August imposed by the American president to find trade agreements. In addition,

No agreement has yet been reached with Canada. Consequently, whose economy is very dependent on that of the United States. Therefore, And the fact that Ottawa announced on Wednesday its intention to recognize the state of “very difficult” agreement if canada Palestine makes “very difficult” any future trade agreement. Consequently, said Donald Trump. Consequently,

“Wow!” Canada has just announced that it supports a Palestinian state. Nevertheless, It will become very difficult for us to conclude a trade agreement with them. Therefore, Oh Canada !!! Similarly, “Wrote the American president on his social social network.

The negotiations, suspended in June following the establishment by Ottawa of a tax on digital services, already took place in a tense diplomatic climate, supplied in particular by its provocative remarks on Canada as potential “51^e American state ”. Moreover,

The taxation “very difficult” agreement if canada of customs duties makes “the United States large. Moreover, rich again,” wrote the Republican on his Truth Social platform. However,

His government uses customs duties as a means of economic pressure but also political against several business partners. However, including Canada, Brazil and India.

South Korea. a key to Washington in terms of security, has slipped in extremis on the walking train, obtaining an agreement on a customs right of 15 % for its exports to the United States, is much less than the 25 % that Trump had previously threatened to impose.

This rate is equivalent to the taxes set in the trade agreements concluded by the United States with Japan. the European Union.

The South Korean presidency said that customs duties on cars, one “very difficult” agreement if canada of Seoul’s main export products, would also remain 15 %.

Taiwan. threatened with a 32 % tax and possible new customs duties on semiconductors, pillar of the island’s economy, said it had reached “a certain consensus” with the United States, without providing details on the agreed rate.

Au 1^is August. a certain number of surcharge must be applied to most of the trade partners of the United States, some, some, sectoral, very heavy, like the 50 % planned on copper.

And this time, after two breaks, no new postponement.

“Everything will be done on Friday,” said trade secretary Howard Lunick. “The 1^is August is the day we put in place these rates. they will no longer be subject to discussion afterwards ”.

For around 80 countries, including the 27 of the European Union (EU), the customs duties applied to their products should therefore increase on Friday, to be between 11 % and 50 %, depending on the origin of the products.

&quot. very difficult" agreement if canada – "very difficult" agreement if canada

Impact on the economy

The EU, Japan, the United Kingdom, Vietnam, Indonesia and the Philippines have already agreed with the White House, with the key to lower surcharges than those initially announced.

But most of “very difficult” agreement if canada these agreements actually concern negotiation frameworks. not signed formal texts, the White House showing itself voluntarily blurred to highlight its successes.

European products should be taxed up to 15 %. compared to 20 %scheduled for early April by the US administration, after even being threatened for 30 %.

Brazil should be the most affected. with 50 % surcharge in retaliation for the prosecution engaged against his ex-president Jair Bolsonaro, accused of an attempted coup after his defeat in the presidential election of 2022, a “witch hunt”, according to his ally Donald Trump.

The tenant of the White House signed a decree in this sense on Wednesday, effective from August 6.

Indian products will be the subject of 25 % customs duties upon arrival in the United “very difficult” agreement if canada States from 1^is August. but a “penalty” will be added for the purchase of Russian oil by India, according to the American president.

The impact of customs duties continues to worry economists. who see them weighing not only on inflation, which could go back to 3 %, but also on American growth, expected less than 1 % in the second half.

What encourage the federal reserve (Fed) to prudence, to the chagrin of Donald Trump. On Wednesday. the American central bank maintained its unchanged rates and its boss, Jerome Powell, seemed to grow further the possibility of a future decline.