President Donald Trump is planning to impose a 25 percent tariff on goods imported from South Korea and Japan. The tax will enter into force on the first of August, which is when the Trump administration begins to implement comprehensive definitions to a broader group of countries that fail to reach a trade agreement with the United States.
The United States has been appointed to start Imposing a “liberation day” tariff At countries around the world on April 2, Trump extended the 90 -day deadline, which will happen on July 9. But now, it seems that the deadline will be paid further Trump begins Sending tariff messages to several countries, from South Korea and Japan.
in Pair Pillars On the social truthTrump shared almost identical messages addressed to South Korean President Lee Jay Meong and Japanese Prime Minister Shigro Ishiba. The messages say that the United States will impose a 25 percent tariff on the products “i.e. all” products imported from both countries starting from August 1 to correct a “commercial deficit” with the United States.
During appearance On CNN The case of the union with Dana BashTreasury Secretary Scott Payett said that countries have not reached an agreement with the United States by August, the definitions will return to “Pomrang” to the second level of April. “Not a new deadline,” said August 1. “We say, that’s when that happens. If you want to speed up things, get it. If you want to return to the old rate, this is your choice.”
Trump’s messages state that “there will be no tariff” if Japan and South Korea – or companies that are taken from there – decide to “build or manufacture the product within the United States.” He adds that the United States will raise the definitions if the two countries respond with higher fees on their own.
