Treasury Secretary Scott Bessin said on Sunday that the American customs tariff will start on the first of August if trade partners from Taiwan to the European Union do not force the European Union with Washington.
Pisent told CNN:
Bessent confirmed Trump’s comments on the correspondents on Air Force One on Friday, in which he also cited a new final date: “Well, I will start them on August 1. Well, this is very early. Isn’t it?”
The president said he had signed 12 messages to send, probably on Monday.
The definitions were part of a wider advertisement in April, as Trump imposed a 10 percent duty on goods from almost all commercial partners, with a plan to increase these prices to a selected group within days.
But he stopped walking for long distances until July 9, allowing trade talks.
The countries were pushing the strike that would help them avoid these high duties.
So far, the Trump administration has revealed deals with the United Kingdom and Vietnam, while Washington and Beijing have agreed to decrease amazingly high on each other’s products.
Pesin said that the administration was “close to several deals.”
“I expect to see many big ads during the next two days,” he said.
But he did not explain the countries he was referring to, adding: “I do not want to leave them from the hook.”
As the deadline approached on July 9, Trump has repeatedly said that he was planning to inform the tariff countries in the states by sending messages to them.
On Air Force One on Friday, Trump said the notifications will be much easier than “sitting and doing 15 different things … that’s what you have to pay, if you want to do business (with) the United States.”
Bessent pushed back in confirming the CNN Dana Bas, that the administration was using threats instead of negotiations, and denied that Trump was setting a new deadline with August 1.
He said: “It is not a new time. We say, that’s when that happens. If you want to speed up things, be sure to them. If you want to return to the old rate, this is your choice.”
He said that the play book is the “maximum pressure” application and cited the European Union as an example, saying that they “are making good progress” after a slow start.
Negotists in the European Union and the United States are holding talks during the weekend, and the Minister of Finance in France said on Saturday that he hoped to be able to conclude a deal this week.
Other countries were still uncomfortable.
Japanese Prime Minister Shigro Eshiba said on Sunday that “he will not give up easily” in commercial talks with Washington.
It is expected that the leaders of Rio de Janeiro will have the definitions on Sunday, saying they are illegal and risk harming the global economy.
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