US President Donald Trump has written a letter to 12 countries, which mentions how much tariffs are being made to him. Whether a country is accepted or rejected … US President Donald Trump said that this letter will be sent on Monday with the tariff. He said that these proposals will be non -negotiable, can accept this and also rejected.
According to Reuters, while talking to reporters in Air Force One on the way to New Jersey, Trump refused to identify the letters receiving the letter, said that his names would be mentioned on Monday. He said, ‘I have signed some letters and they will be released on Monday, possibly twelve o’clock. Different amounts, different tariffs have been imposed on them.
Trump’s plan postponed due to holiday in America
Reuters report said that when Trump indicated that the first batch of letters would be sent on Friday, but it was postponed due to national holiday in the US and now it will be sent on Monday.
Tariff announced in April
Significantly, in early April, US President Donald Trump announced tariffs on more than 200 countries. But later it was stopped for 90 days and implemented 10 percent base tariff. Now its deadline is ending on 9 July. Before this deadline, America is going to do trade deal with many countries, while the deal with many countries is still not complete.
There may be more tariff
According to the report, Trump on Friday suggested that the tariffs could be even more. These tariffs may probably reach 70% for some countries and most new rates are expected to be implemented from 1 August. He said that it is better and easy to send letters right now. After this, trading talks with some countries can also begin.
America’s deal with two countries
Now the US has dealt with two countries, in which UK is number one. In May itself, the UK deals with the US on 10 per cent base tariff. It has reduced duty free and tariff for many American products. Vietnam has also completed the deal, on which the tariff has come down from 46 percent to 20 percent. This has made America duty free on some products.
Negotiations between India America stopped!
On the other hand, the Indian team that went to America is back. The official said that the matter is still stuck on auto and agriculture. However, it is being said that both countries can reach a mini deal. Except for some sectors, the deal can be completed with tariffs on the rest of the sectors.
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