US President Donald Trump said on Friday to have signed letters addressed to the United States’s business partners concerning the application of punitive customs duties by Washington, which “probably twelve” will be sent on Monday.
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“I signed letters and they will be sent on Monday, probably twelve,” said the president to the press during an Air Force One exchange.
“It’s easier to send a saying letter:” Listen, we know that we have a certain deficit, or in some cases a surplus, but not much. And that’s what you have to pay for business in the United States “,” he said.
“We did that with the United Kingdom and it was very good for both parties. With China, we did that, and I think it’s very good for both parties, “added the president.
The tenant of the White House had previously set the deadline for the conclusion of an agreement between Washington and its partners, under penalty of seeing customs taxes from the United States to increase.
These customs duties could vary from country to country, from China to the European Union, from a range of 10% to 20% to a much higher range from 60% to 70%, according to Mr. Trump.
According to him, the countries in question will start paying on August 1.
In early April, the American president caused a shock wave by announcing a drastic increase in customs duties against the rest of the world: a minimum surcharge of 10%, which can go up to 50% for countries exporting more to the United States than they are important to American products.
The president then suspended these customs taxes, leaving the way for commercial negotiations with each of the partners.
US officials have said that a series of trade agreements could be announced in the coming days.
For the time being, the administration of Donald Trump has only revealed agreements with the United Kingdom and Vietnam, while Washington and Beijing have agreed to temporarily reduce their reciprocal taxes.
