The Treasury Secretary says that the countries that do not see trade deals will witness the “Pomrang” tariff to April 1 by August 1.
Treasury Secretary Scott Bessin said on Sunday that the United States will return to the sharp tariff rates for each country at the beginning of August, weeks after the expiration of the customs tariff rate stopped.
“President Trump will send messages to some of our commercial partners that if things do not move, then on August 1, you will return to the level of tariffs on April 2.” so I think we will see a lot of deals very quickly. “
President Donald Trump had originally set a 90-day deadline-scheduled for Wednesday-for the Bolden to re-negotiate the levels of the Ain tariff that he put in the “Liberation Day” speech on April 2. he These prices stopped temporarily After a week, while setting a new 90 -day final to re -negotiate it.
This deadline was appointed on Wednesday.
“There is basically a new deadline”, which causes Bessent to return.
“It is not a new time. We say this when it happens,” said Pesin. “If you want to speed up things, get them. If you want to return to the old rate, this is your choice.”
On Friday, Trump also referred to a deadline on August 1, raising questions about whether the deadline on July 9 is still existing. A White House spokesman did not provide a comment when they are asked to clarify whether the tariff rates on April 2 would resume on July 9 or August 1.
His president Descriptions of the transformation were presented recently Among the deadline on the deadline on July 9, saying at the end of June, “We can extend it, we can shorten it”, only to double it after several days, saying that he is not thinking about extending it.
Shortly after midnight on Friday, Trump referred to a schedule on August 1, and reported that the tariff rates on April 2 would resume in the beginning of August.
In response to a question about whether the United States will be flexible with any countries on the deadline on July 9, Trump said, “Not really.”
“They will start paying on August 1,” he added. “The money will start to come to the United States on August 1, well, in all cases largely.”
Trump said on Friday that the administration will start sending messages to the two countries, adding: “I think, which will be completely covered.”
“Its value will range from 60 % or 70 % of the customs tariff to 10 % and 20 % of the customs tariff, but they will start going out at one time tomorrow,” Trump said over Friday. “We have done the final model, and this will be explained mainly what the two countries will push the definitions.”
Customs duties are paid by importers – which can transfer part or all costs to consumers – and not necessarily by entities in the country of goods.
Bessent also indicated on Sunday that “many of these countries have never contacted us.”
The White House initially expected confidence that dozens of countries would try to make deals. “We have 90 deals in 90 days, perhaps hanging here,” White House Trade Adviser, Peter Navarro at “NBC News” “Meet the Press”. Late last month, Trump said, “Everyone wants to make a deal,” and after announcing a sweeping tariff on April 2, he said that the countries “kiss A”.
Trump said in April: “These countries invite us to the top, and accept my A-.” “They are. They are dying to conclude a deal.” Please, please, sir, hold a deal. I will do anything. “
A renewed uncertainty will lead to an increase in market turmoil, which has witnessed a decrease in futures futures after Trump mentioned rural messages. The stocks have returned to their highest levels at all due to the calmness of the tariff.
To date, Trump has imposed higher import duties on cars, car parts, steel, aluminum and commodities from China and Vietnam.