President Donald Trump sent a new series of letters to six countries on Wednesday, including Algeria, to announce additional customs tasks that should be applied to their products that enter the United States. The six interested countries are Algeria, Brunei, Iraq, Libya, Moldova and the Philippines Sultanate.
For the most part, the surcharge evolves more or less compared to what the US executive announced in early April. In detail, the Algerian products must be taxed at 30% (unchanged), as well as Libya (-1 percentage point) and Iraq (-9pp), those of Moldova and Brunei will be 25% (respectively -6pp and +1pp). As for Filippina products, the surcharge will be 20% (+3PP).
A letter to EU Wednesday or Thursday
The US president began on Monday to send letters to countries with a commercial surplus with the United States to announce the destination that will be reserved for them. Fourteen countries already knew the amount of surcharge that he invented for them: +25% (Japan, South Korea, Tunisia in particular) to +40% (Laos and Burma) that passed by +36% (Cambodia and Thailand).
Donald Trump said Tuesday that he planned to send other cards “today, tomorrow and in the next few days”, especially to the European Union (EU), that, according to him, he should receive his mail “probably for two days”, Wednesday or Thursday.
Initially, these individualized surcharges had to begin to be collected on July 9, after prior postponing, but Donald Trump signed a decree at the beginning of the week to postpone it on August 1. In his letters, Donald Trump ensures that any response will be sanctioned by an additional increase in the same magnitude.
Source: BFM TV
