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In the Absence of Agreement with the United States, the New Customs Duties Will Apply on 1 August.
37 Articles
37 Articles
Minister Delegate for Foreign Trade Laurent Saint-Martin believes that this unity between Europeans can "serve for the future", for example to conclude "trade agreements with the rest of the world".
A hundred letters will be sent to the countries concerned, some fifteen of them from Monday. The Trump administration says to focus on the "18 important trade relations that account for 95% of the trade deficit" of the United States.
Even if it defends itself, the Trump administration three weeks after the return of the surtaxes announced in April, while promising several agreements before the ultimatum fixed 9 July.
As they were suspended last April, US punitive tariffs will come into effect on August 1st. Only countries with an agreement with Washington - 2 so far - will escape these new surcharges. - Customs surcharges: a new date set by Washington for recalcitrant countries (Economy).
Higher US tariffs will take effect on August 1 if US trading partners fail to reach agreements with the US, before the mid-term expiration of the transition period for the introduction of so-called reciprocal tariffs on imports into the US, US Treasury Secretary Scott Bessent said.
Countries that do not have a trade agreement with the United States in place before August 1 could face sharply increased tariffs, Treasury Secretary Scott Bessent told CNN.
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