Donald Trump had announced that the first letters on the duties would arrive for 12:00. And so it was. Through his social network, the American president began to publish the content of some of the famous letters send. In particular, he chose to share those for Japan and South Korea.
Shortly before the publication of their publication, he had also recalled that “any country aligned with the anti -agent policies of the Brics would suffer one additional rate 10%”, without exception.
Dice to 25% from 1 August
In the end, Donald Trump He was not joking: at noon, an American time, they were published on Truth Two of the letters sent to the countries involved in the duties.
It is Japan And South Koreaon which the United States will impose Dice at 25% on all goods. There is little different from what has already been announced last April. For South Korean goods, 25%are confirmed, while for Japan there is an increase from 24%to 25%.
A common message in the letters warns that the duties could be changed downwards or up according to the diplomatic relationships between the United States and the two countries in the next few days. In the meantime, it is expected that from 1 Augustthe date of start of the duties, the goods subject the decisions of the Trump Administration.
The content of the letters
In the letter sent to Japan reads:
Please understand that 25% is far lower than necessary to eliminate the commercial deficit gap we have with your country. As you know, there will be no customs rates if Japan or companies in your country decide to build or produce products in the United States and, in fact, we will do everything possible to obtain approvals quickly, professional and methodically, in other words within a few weeks.
Continues:
Please understand that these duties are necessary to correct the many years of tariff and non -tariff policies of Japan and the commercial barriers that have caused unsustainable commercial deficits towards the United States. This deficit represents a serious threat to our economy and, in fact, for our national security.
The message is not very different from that sent to South Korea.
Dialogue with the EU
The news, widespread on social media, has prompted several countries to react, including the European Union, which has returned to negotiation table. At 17:30 the Committee to discuss commercial relations between the EU and the United States met.
Ursula von der leyenin concluding his own intervention, expressed his will to reach a compromiseeffectively recognizing the need to coordinate with US decisions. The comparison concerns not only the duties, but also the future of Ukraine.
Meanwhile, from the announcement of Trump’s duties, Wall Street has recorded widespread losses:
- Dow Jones loses 1.01% to 44,390.37 points;
- Nasdaq gives 0.83% to 20,431.26 points;
- The S&P 500 leaves 0.81% to 6,228.84 points on the ground.
