Dozens more countries face higher taxes on exports to US as new Trump tariffs come into effect | Trump tariffs

Donald Trump faces higher taxes in his exports to the United States, as the recent wave of country -specific tariffs entered into force.

The White House a week ago – just before the previous date of August 1st – on Thursday after the Washington clock on Thursday, the comprehensive “mutual” taxes announced.

Just before midnight, Trump claimed that on social media, billions of dollars will start to flow into the US as a result of tariffs.

“The only thing that could stop the size of America would be a radical left court who wanted to see that our country has failed,” the President wrote, referring to an ongoing case in the US Appeal Court, which thinks whether it exceeded the authority to impose the “mutual” tariffs in the US appeal court.

The rates vary from 41% to 10% for the UK in Syria, where the war breaks, and will be applied to the usual tariffs that apply to the products imported to the USA.

Although Brazil’s “mutual” level is 10%, it means that an executive order is 50% after applying 40% additional tax due to the prosecution of the country’s former President Jair Bolsonaro on Wednesday.

The EU is the only trading partner in which the basic rate of 15% after a framework agreement includes previous tariffs. This means that the cheeses that are normally hit by 14.9% import tasks will be taxed by 15%, not 29.9%.

Since the announcement late last week, governments around the world have been competing to reach agreements to prevent border taxes that they may deter him and may cause job losses.

The Swiss President Karin Keller-Sutter was in Washington to try to reverse a 39% tax that blinded the government when introduced to meetings with senior Trump administration officials on Tuesday.

Meanwhile, after Trump signed an execution order on Wednesday, India’s 25% tariff rate may increase to 50%. Delhi has 21 days to answer. Trump threatened to use the same tactic in other countries supplying Russia.

Trump introduced the first time of the country -specific rates on April 2, which is a date that the rest of the world has been looted for decades.

A week later, after a 90 -day pause, a four -week ceasefire was announced on July 7, confirmed new rates last Friday.

Some trade partners provided a discount through negotiations, including England, Thailand, Cambodia, Vietnam, Indonesia, Philippines, Japan, South Korea, Pakistan and the EU.

Other countries negotiate tariffs that were not covered by last week’s announcement. While Canada hit a total of 35% of the last Friday, Mexico avoided an increase of 25% at the same date after a 90 -day extension. China faces 30%, while negotiations continue for higher rates before the deadline for higher August 12th.

On Wednesday, Trump warned that the US will apply a tariff to semiconductor chips imported from countries that do not produce or plan to plan it.