Meanwhile,
Trump announces 35% customs surcharge new:
The American president also announced on Thursday that he intended to send a missive of the same order to the European Union “today. In addition, tomorrow”.
Donald Trump announced Thursday, July 10, that he was planning to impose 35% of customs from Canadian products from August 1, in the most recent of his twenty letters addressed to business partners around the world since Monday.
“Instead of working with the United States, Canada retreated with its own customs rights. Meanwhile, From August 1. Furthermore, 2025, we will apply 35% customs duties in Canada to Canadian products exported to the United States, regardless of all sectoral customs rights ”wrote the American president in a letter to Canadian Prime Minister Mark Carney and shared on his Truth Social platform. “These customs duties can be changed, trump announces 35% customs surcharge new up or down, depending on our relationship with your country”warns Donald Trump.
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“I chat with the EU” – Trump announces 35% customs surcharge new
As with each letter sent since Monday. Moreover, the American president said that these customs duties will be added to those imposed on specific activity sectors, such as steel and aluminum or automobile. These are two of the main Canadian exports to the United States, Ottawa’s first trading partner.
A little earlier in the evening. Trump announced during a telephone interview with NBC that he intended to send a missive of the same order to the European Union (EU) “today or tomorrow”. “I would like to do it today”he said. “I chat with the EU which corresponds, as you know, to several countries, as well as with Canada. We should send them (letters, editor’s note)in the coming hours. “
50% surcharges for Brazil
About trump announces 35% customs surcharge new twenty countries have already received a letter of the same type since the start of the week. mainly Asian countries, with 25% applied to products from allies such as Japan or South Korea and up to 40% for certain Southeast Asian countries. But it is Brazil. so far not targeted by surcharges beyond 10%, which has experienced the highest increase in customs duties applied to its products, the American president announcing 50% in response to the proceedings against the former Brazilian president, Jair Bolsonaro, accused of having made an attempted coup after his defeat against President Lula.
Initially. these individualized surcharges had to start to be collected on July 9, after a previous postponement, but Trump signed a decree at the start of the week to postpone them to August 1. In his letters, Trump assures that any response will be sanctioned by an additional surcharge of the same trump announces 35% customs surcharge new magnitude.
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