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Japan and South Korea were one of the first countries to receive a letter from Donald Trump about imposing tariffs on the import of their goods to the United States.
Donald Trump Tariff letter: Trump posts letters to leaders of many countries (Reuters File Image)
On Monday, by joining a letter-post race, US President Donald Trump wrote equal words to the leaders of seven countries, putting tariffs on them which apply on 1 August.
Japan and South Korea became the first country to receive letters after 9.30 pm, July 7, as Trump had earlier declared that earlier He will start sending a letter Tariff or deal with the United States is about 12 to 15 countries.
Posting letters addressed to leaders of respective countries on his social media platform, Truth Social, Trump put 25% levy on imports from both countries.
White House press secretary Karolin Lewit said during his daily briefing that more letters are expected during the day, Trump posted five more letters to Malaysia, Kazakhstan, Myanmar, Lao People’s Democratic Republic and South Africa.
Malaysia and Kazakhstan were slapped with every 25% tariff on their exports to the US. The two countries widely export materials such as electronics, energy and industrial metals to the United States.
The US President imposed more as 40% tariffs on goods from Myanmar and Laos. According to Trump’s announcement, South Africa will face 30% tariffs.
In each of his seven letters, Trump warned against any ventilative tariff, threatening mutuality from the US.
Trump wrote, “If for any reason you decide to increase your tariff, whatever number you choose to choose, it will be added to the tariffs we charge.”
In their letters to Japan and South Korea, two of two close colleagues in Asia for America-two-Trum cited long-term trade imbalances with countries as the cause of 25% tariff.
The press secretary of the White House today said that Donald Trump was making “tailoring trade plan” for various countries, which would be in the interest of Americans.
“The presidents are doing tailor trade deal. About 12 more national letters will be received. Letters will be posted on truth social,” he said.
India can also receive tariff letters from Trump today, even both countries are engaged in negotiations for bilateral trade agreement (BTA).
Humor Mallik is a sub-editor with news writing, three years of experience in video production. He mainly covers national news, politics and global affairs. You can follow it on Twitter: @mallickashes …Read more
Humor Mallik is a sub-editor with news writing, three years of experience in video production. He mainly covers national news, politics and global affairs. You can follow it on Twitter: @mallickashes … Read more
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Washington DC, United States (USA)
- first published:
