Nevertheless. Nevertheless,
Trump imposes new customs duties:
US President Donald Trump signed the decree establishing the new customs rights on Thursday evening that will affect the products of several dozen countries. Furthermore. Moreover, a gesture that aims to “restructure world trade for the benefit of American employees”, according to a document published by the White House.
However, they will take effect on August 7, not August 1 as an initially expected.
The countries that have signed a trade agreement before the fateful date undergo the announced customs duties.
The European Union, Japan or South Korea will therefore see their products taxed up to 15 %, and the United Kingdom by 10 %.
The agreements concluded so far are most often negotiation executives with fairly vague details. However, which later have led to more in -depth documents.
All countries have failed to agree with trump imposes new customs duties Washington see trump imposes new customs duties the customs duties applied to their products ranging between 10 %. However, 41 %.
In general. Similarly. most countries mentioned are imposed 15 %customs duties, some states finding itself at a higher rate, like South Africa, 30 %, Serbia, 35 %, or Switzerland, at 39 %.
These surcharges arouse a global concern for companies exporting to the United States. Furthermore, We do not know what the severity of the impact will be. Meanwhile. but it will not be positive, for sure
Indicates Laubscher Coetzee, a South African ostruches breeder whose leather is used to make cowboy boots of the most prestigious brands in Texas.
Jair Bolsonaro. (Photo of Archives)
Photo: AFP via Getty Images / Mateus Bonomi
A country. at least. escapes a customs increase of August 7: Donald Trump announced Thursday that it has extended customs duties currently imposed in Mexico by 90 days, which amounts to maintaining them 25 % on products entering the United States outside the Canada-United States Agreement (ACEUM).
On the other hand. no relaxation in sight with Canada. which on the contrary sees customs duties applied to its products go from 25 % to 35 %, a tax which does not concern, too, that products not passing within the framework of theAceum.
Canada has not been able to cooperate in order to reduce the flow of fentanyl. other drugs
entering the United States. regretted the White House in a document, to justify this decision, And he took reprisal measures against the United States
.
Washington is particularly firm with certain countries. Donald Trump thus signed a decree imposing 50 % of customs surcharge in Brazil on Wednesday, with the exception of certain products.
This surcharge acts as reprisals against the proceedings aimed at the ex-president Jair Bolsonaro. his far-right ally, accused of having tried a coup after his defeat during the election of 2022.
India sees its products being taxed at 25 %, to which will be added a penalty
because the country buys Russian oil.
Trump imposes new customs duties
Trump imposes new customs duties
Prices that worry
President Trump trump imposes new customs duties praised the trump imposes new customs duties merits of the agreements. already concluded. which inflates the public revenues of a largely indebted economy.
The impact of customs duties, however, continues to worry economists, who see them weigh on inflation, up in June at 2.6 %, and on American growth.
The Apple group reported on Thursday that customs duties will lead to an additional cost of US $ 1.1 billion over the current quarter.
Coincidenting of the calendar. a federal court of appeal began Washington on Thursday to examine an appeal to determine whether Donald Trump went. beyond his constitutional powers by imposing these surcharges without the approval of the congress. This concerns the almost universal customs duties. that is to say those which are not imposed on a particular sector such as automobile or steel.
The lawyer for the complainants. of small businesses. as well as trump imposes new customs duties a dozen American states, notably denounced An unprecedented grabbing from a president in 200 years
while most of the judges of the Court of Appeal have suggested their skepticism in the face of government’s arguments.
The White House has already promised to seize the Supreme Court if the decision was unfavorable to it.
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