Customs duties: Donald Trump announces a 25% surcharge on products from several countries, including Japan
The White House announced Monday that it was delaying the implementation of the most punitive tariffs until August 1 , in order to give the targeted countries a final window of negotiation.
US President Donald Trump on Monday promised a tariff surcharge of at least 25% on several countries, including Japan and South Korea, in a new step in his offensive to disrupt international trade. These additional tariffs will be imposed "starting August 1st," the head of state stated in nearly identical letters addressed to several capitals and published on his Truth Social platform.
If he carries out his threats, Japanese products will be hit with a 25% surcharge (compared to the 24% rate announced in April), as will those from South Korea, Kazakhstan, and Malaysia. This will be followed by Tunisia (25%), Bosnia-Herzegovina and South Africa (30%), Indonesia (32%), Serbia and Bangladesh (36%), and Cambodia and Thailand (36%). The surcharge will be higher for Laos and Burma (both 40%).
Skip the adThe letters emphasize that if goods are labeled as coming from these countries, but actually come from elsewhere, a "higher" surcharge will apply, without specifying the amount. It is also assured that any retaliation will be punished with an additional surcharge of the same magnitude.
Donald Trump announced that he would send a first batch of 12 to 15 letters on Monday to as many trading partners, detailing the surcharge he plans to impose on their products. He had previously scheduled the additional tariffs to take effect on July 9, but has now postponed the deadline to August 1. The US president is expected to sign an executive order on Monday to formalize this change, according to his spokeswoman Karoline Leavitt.
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