12 Nations To Get US Tariff Letters On Monday, Says Trump | World News

Donald Trump, the President of the United States, signed tariff letters from 12 countries expected to be sent on July 7 (Monday).

Speaking to the media in Air Force One, the US President said that the names of the countries that will receive letters will be announced only on Monday.

“I signed some letters and they’ll go out on Monday, probably 12th different amounts of money, different amounts of tariffs,” he said.

“The letters are better. It is much easier to send a letter,” Trump added.

Trump suggested that mutual tariffs could rise further, potentially 70 percent for some countries, and could enter into force as of August 1st.

In April, the President of the United States announced a 10 percent base tariff for most goods entering the country with higher rates for certain countries, including China. These high tariffs were then suspended until July 9th.

Washington made trade agreements, including the two countries – the United Kingdom and Vietnam.

Meanwhile, the high -level official delegation of India, led by the chief negotiator Rajesh Agrawal, returned from Washington before a final agreement on the delicate issue in the US agricultural and dairy products forced by the US officials.

However, there is still a light of hope that a temporary bilateral trade agreement can be achieved at the highest political level in the two countries before the deadline for July 9.

The Indian team was in Washington for negotiations with the US on a temporary trade agreement with the US between 26 June and 2 July.

According to Trade Minister Piyuh Goyal, India will not rush to sign a free trade agreement under pressure from any deadline.

Speaking between an event in the national capital, Minister Goyal stressed that India is ready to make trade agreements in national interests, but it never negotiated trade agreements with a deadline “.

As in India, the United States is looking for a wider market access to agriculture and dairy products, which is a major obstacle, it is a source of livelihood for small farmers of the country and is therefore considered a sensitive area.

India, making a temporary agreement before July 9, trying to exemption from President Trump’s 26 percent tariffs, while textiles, leather and shoes, such as labor intensive exports to significant tariff concessions are pushing.