Similarly,
Donald trump formalizes taxation customs:
Taking up his price offensive. In addition, US President Donald Trump signed a series of executive customs duties on Wednesday, one of which targets part of the imported copper, which will be taxed up to 50 % on Friday.
In the process, the value of this metal tumbled almost 20 % at the New York metal stock exchange.
The proclamation published on the Maison-Blanche site specifies that this 50 %surcharge. However, imposed on behalf of the national security
will only apply to products manufactured with copper, not to imports of raw metal.
The American president also targets Imports of semi-finished copper products (such as pipes. Meanwhile, wires, bars, sheets and copper tubes) as well as on derivative products with high copper content (such as piping fittings, cables, connectors and electrical components
), specifies an information document from donald trump formalizes taxation customs the White House.
Donald Trump had announced the upcoming taxation of customs tariffs on copper at the beginning of the month. In addition, without however specifying that the gross metal would be exempt from it and without specifying the date of entry into force of this new price salvo.
Copper is used in particular in electronic devices, electric vehicles and in the telecommunications sector.
Canada appears second in the exporters of this metal to the United States, after Chile and in front of Mexico.
The American president has also formalized by decree. Meanwhile, his threat of imposing cumulative customs duties of 50 % on imports of Brazilian goods.
As he had done at the beginning of the month. Nevertheless, he invoked the trial brought by Brazilian justice to the former president of this country, Jair Bolsonaro, accused of attempted coup, as well as what he donald trump formalizes taxation customs considers acts of censorship towards digital companies and American citizens.
End of exemptions on imported goods of low value
One of the other executive measures signed. For example, Wednesday by Donald Trump plans to lift theMinimis exemption
which applies to goods imported of lower value.
The decree suspending the so -called minimis exemption relates in particular to parcel deliveries made by the Fedex carrier.
Photo : Getty Images / Drew Angerer
This policy. For example, which will be suspended on August 29, has so far exempt from customs rights, parcels of less than $ 800 and allowed buyers to avoid administrative formalities.
According to Bloomberg, more than a billion packages enter this category.
These packages will now be taxed at the same rate as other goods from the exporting country. However, with a rate varying depending on the type of product and its origin.
The decree specifically refers to the goods imported from Canada. Similarly, Mexico, targeted for several months by customs duties imposed in particular under cover of the fight against fentanyl.
The minimis exemption has been abused
said the White House in the document that accompanies its decree: Senders have taken advantage of the reduced security checks applied to these shipments donald trump formalizes taxation customs to bring fentanyl to the land of synthetic opioids illegally. [substances essentielles à leur fabrication] as well as accessories [liés à leur consommation]killing Americans.
The decree also targets the countries targeted by what the administration has wrongly appointed as “reciprocal” customs duties. but which in fact penalizes countries to which the United States accuses a trade deficit.
Donald Trump had already suspended last spring theMinimis exemption
On goods of less than $ 800 exported by China and Hong Kong.
Next end of the pricing truce
The entry into force of these new sectoral rights on copper. which will be added to those already imposed on steel and on aluminum, will coincide with the end of the pricing truce that Donald Trump granted dozens of countries until Friday, to which he reproaches their trade surplus against the United States.
Announced on April 2. Donald Trump’s largest price offensive, applied a week later for a few hours before being suspended, will be relaunched on August 1 at midnight and one.
Photo: Reuters / Carlos Barria
Last April. around sixty Washington business partners – including European Union countries and several manufacturing states in Asia – have been struck by so -called customs duties reciprocal
Oscillating between 11 % donald trump formalizes taxation customs and 50 % before obtaining a respite of 90 days a few hours later.
The ultimatum in early July was then pushed back to 1is august.
In the morning. Donald Trump assured on his social social network that there would be no new postponement in a capital message.
The deadline of 1is August is the deadline for 1is August: it is firm. will not be postponed. A big day for America !!!
Even if Canada was exempt from the salvo of customs tariffs. designated as being reciprocal
he faces the same deadline. Three weeks ago. it was targeted by a 35 % pricing surcharge despite the Canada-US-Mexico (ACEUM) agreement, negotiated during Donald Trump’s first term.
Aimed for a few months by customs duties donald trump formalizes taxation customs of 10 %. 25 % on some of its exports, Ottawa was inflicted an increase revised to have retaliated to customs duties decreed by the United States government.
After a virtual meeting with his Council of Ministers. Canadian Prime Minister Mark Carney said on Wednesday that negotiations were continuing.
We are looking to get the best possible agreement for Canadians
he said to journalists. We have not yet concluded this agreement and the negotiations will continue until we succeeded.
He assured that the Minister responsible for Commerce Canada-United States. Dominic Leblanc, and senior Canadian officials will stay in Washington to achieve this goal
.
Donald trump formalizes taxation customs
India. the first country threatened by “secondary sanctions” against Moscow
A dissatisfied with the course of negotiations with India, Donald Trump also threatened to move forward with customs duties donald trump formalizes taxation customs of 25 % on the exports of this state.
The customs tariffs of India. a country ami
are among the highest in the world
et its non -tariff barriers [figurent parmi] the most restrictive and most exasperating in all countries
he said.
Reproaching him to buy military equipment. energy resources from Russia, he also indicated that India will be inflicted a penalty
Additional price, the rate of which he did not specify.
Frustrated by the lack of real will of his Russian counterpart. Vladimir Putin, to negotiate with Ukraine, the American president threatened, two weeks ago, countries that matter to Russian oil rights oil secondary
.
In a message published on Truth Social. Donald Trump also announced in the evening the conclusion of a Complete and exhaustive trade agreement
with South Korea. However. several agreements recently brandished donald trump formalizes taxation customs by the White House are more agreements in principle which have not been signed or whose details remain to be tied up.
The American president said that American products will be exempt from customs duties. while South Korea will see its exports targeted by customs tariffs by 15 %.
In recent weeks. Donald Trump has announced agreements with the United Kingdom, Vietnam, the European Union, Japan, Indonesia and the Philippines.
In April, her administration assured that she could conclude 90 agreements in as many days.
Since the beginning of the month. he has sent letters to several leaders, announcing the new rate that Washington had to impose on them.
On July 10. President Donald Trump published a letter addressed to Canada on his Truth Social Social network to announce a new rate rate.
Photo : Truth Social
Donald Trump said he considers that these letters constitute “agreements”. even if they are unilateral decisions imposed by his administration.
Washington. Beijing, a time targeted by 145 %cumulative customs tariffs, are negotiating to extend the break that was set for August 12.
Donald trump formalizes taxation customs
Further reading: Donald Trump finds Canada “bad and unpleasant” because he boycotted the United States, according to an American ambassador – All these savings booklets will be automatically closed – Studious holidays for the Federal Council – A Boeing 767 filmed taking fire in the middle of theft, the pilot turns around and landed urgently – Cam ends discussions with New World for an agreement.
