Washington, (EFE) .- President Donald Trump announced that he will impose tariffs of 20% to the imports of the Philippines and rates between 25 and 30% to Brunei, Moldova, Algeria, Iraq and Libya, which will enter into force when his tariff truce ends on August 1.
The president, who announced in April and then paused the imposition of his global “reciprocal tariffs, sent several letters to each government and spread them on her social truth network.
In texts that repeat the same scheme of the letters sent days before to other nations, Trump set the levies to Brunei and Moldova by 25%, while those of Algeria, Iraq and Libya would remain at 30%.
He also warned of those nations that in case they decide to increase their own tariffs on US goods, Washington will add that percentage to which he has just announced.
Trump has already sent offices on Monday to important commercial partners such as Japan and South Korea, to which 25% of tariffs on their imports will charge.
Soser context: Trump imposes 25% tariffs on Japan and South Korea from August
In addition, in other letters sent on Monday, it warned of Laos and Burma that will impose tariffs of 40%, 30% to South Africa and Bosnia and Herzegovina, 36% to Cambodia and Thailand and 35% to Serbia and Bangladés.
Indonesia would be taxed with 32%, while Taxes to Malaysia, Kazakhstan and Tunisia would be 25%.
Trump postponed the deadline for the imposition of his tariffs from July 9 to August 1 to expand the time in which he would negotiate new commercial pacts with his partners, although he later said that he considers as agreements to the letters he sends to the governments communicating their decisions about the fees.
Soser context:
Trump says that the deadline for tariff negotiations is not firm after all
Trump considers that these levies “are necessary” to correct what in his opinion are years of tariff policies and barriers that have caused the United States a commercial deficit in their respective exchanges.
Since the suspension of the tariffs announced in April, EU has only managed to sign unimportant agreements with China, the United Kingdom and Vietnam.
Trump announced Tuesday that, if not closing a negotiated agreement with the European Union, he planned to send a letter to Brussels in his conditions with his conditions.
In addition, he warned that he will tax with a 50% rate to copper and advanced that he contemplates other tariffs of up to 200% for pharmaceutical products if their manufacturers are not installed in the US.
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