Trump deciding trade deals by August 1: Lutnick
Even if US President Donald Trump continues separate negotiations with China and the European Union, this week will take the trade agreement decisions, before the last date of Trump, the US Trade Chief Howard Lutnick.
The US and EU officials discussed the arrangements of steel and aluminum tariffs and digital services after the frameworks announced on Sunday, and in an interview, Lutnick said in a CNBC, and he added that negotiations with China were “their own things”.
“But we will do things until Friday for the rest of the world,” he said.
Asked about the uncertainties surrounding the US-EU agreement, Lutnick said Trump is working to “do things now”.
Authority said that drugs are an important part of the EU agreement, so that the drugs made in EU member states – hosting several major drug producers – their products will be included in the 15 percent tariff.
“It was important that the pharmaceuticals were in 15 percent of the agreement, because President Trump will be released in the next two weeks with a drug policy and will be higher,” he said.
South Africa said in a statement on Tuesday, a 30 percent tariff in the US exports before Friday began on Friday, a trade agreement with the United States wants to negotiate.
The South African government is closely about the US administration and negotiations before the last date of August 1, because the relationship between the two countries has worsened the inner race policy of South Africa and the genocide against Israel rejected by Israel.
The Ministry of Commerce said in a statement that he still expects “important feedback on the final status of our US colleagues in our framework agreement”.
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