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STRAIGHT. Customs duties: panic in Switzerland, concern in Japan … Donald Trump’s new taxes come into force tomorrow

Although the new American customs tasks will take effect on Thursday, Brazil is already imposing a 50% surcharge in its imports to the United States, while Switzerland tries to negotiate with Washington.

Essential

  • As of Thursday, August 7, the United States must take into account customs tariffs imposed on imports from dozens of countries. Read the article
  • The 50% planned surcharge for Brazilian products imported to the United States is already entered on Wednesday. Read the article
  • The president of Switzerland and his Minister of the Economy are in Washington to try to negotiate with Donald Trump, while Swiss products are threatened with taxes of up to 39%. Read the article
  • For its part, the European Union announced the suspension of its reprisals for the tasks of US customs, a few days after sealing a commercial agreement based on customs duties of 15% in European products that arrive in the United States. Read the article

Brazil, the first country achieved by customs tasks (and largely)

Brazil opened the ball in this unprecedented sequence in the history of world trade. The 50% customs tasks provided the Brazilian products in force on Wednesday, August 6, seven days after the signing of President Donald Trump’s decree.

Although Brazil should not be initially affected by customs tariff A 50%surcharge, the highest applied to a particular country.

The US president criticizes the Brazilian justice for former President Jair Bolsonaro, accused of a coup attempt after his defeat during the 2022 presidential election.

Read the article

Welcome to this live dedicated to American customs tasks

As of Thursday, the United States will impose an increase in customs duties for dozens of countries around the world, with whom Washington believes that it has a more or less marked trade deficit.

In recent days, some countries have managed to negotiate agreements with the Trump administration, while others hope to tear it in the next few hours.

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Author: Timothée Talbi
Source: BFM TV

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