Washington DC [US], July 9 (ANI): A day after Donald Trump introduced reciprocal tariffs on 14 international locations, two days forward of his deadline day of July 9, the US President on Tuesday (native time) acknowledged that his administration will probably be revealing a minimal of seven international locations that the US will do commerce with on Wednesday morning (native time).
In a put up on Truth Social, the US President additional acknowledged that the names of extra international locations may even be launched by Wednesday afternoon.
‘We will probably be releasing a minimal of seven Countries having to do with commerce tomorrow morning, with an extra variety of Countries being launched within the afternoon. Thank you to your consideration to this matter! ‘ Trump acknowledged.
Earlier on Monday (native time), the US President shared letters despatched by his administration to 14 international locations, informing them of the reciprocal tariffs that may take impact from August 1.
He later additionally asserted that there will probably be no extensions to this deadline day and that ‘all cash will probably be due and payable beginning AUGUST 1, 2025 – No extensions will probably be granted.’
Trump first shared the letters despatched to Japan’s Prime Minister Fumio Kishida and South Korea’s President Yoon Suk-yeol.
Around two hours later, he introduced that comparable letters had been despatched to Malaysia, Kazakhstan, South Africa, Myanmar, and Laos.
Later, he shared tariff letters despatched to leaders of different international locations, together with Thailand, Bangladesh, Indonesia, Tunisia, Bosnia and Herzegovina, Serbia and Cambodia.
In the letters written to the South Korean President and the Japanese Prime Minister, Trump acknowledged that Japan and South Korea will face a 25 per cent tariff from August 1.
Meanwhile, Thailand and Cambodia every will face a tariff of 36 per cent, whereas Bangladesh and Serbia will every be hit with a tariff of 35 per cent.
Trump additionally talked about that Malaysia and Kazakhstan will every face 25 per cent tariffs, with Myanmar and Laos dealing with a 40 per cent tariff on their items exported to the US.
Indonesia will face a tariff price of 32 per cent, and imports from South Africa and Bosnia and Herzegovina will probably be topic to 30 per cent tariffs on August 1. According to his letters, Tunisia will face a tariff of 25 per cent.
When requested if he’s agency on his August 1 deadline for US tariffs, Trump acknowledged that he was ‘agency however not 100 per cent agency’.
‘I’d say agency however not 100 per cent agency. If they name up and so they say we want to do one thing otherwise, we will probably be open to that,’ he acknowledged. (ANI)