Trump continues to drive his customs policy: tariffs will also be incurred for packages with low value of goods in the future. The United States has agreed customs agreement with several countries. France’s President Macron suffered significant criticism of the deal with the EU.
So far, there has been no tariffs for commercial goods imports with a value of less than $ 800-thanks to the so-called de-minimis rule. But that will soon be over. US President Donald Trump announced that from August 29, there will also be surcharges for packages with low goods value.
In the future, the customer costs between $ 80 and $ 200. Direct orders of very favorable products from foreign providers are likely to become unattractive for many Americans.
So far, online retailers such as Temu or Shein have benefited from the DE-Minimis regulation that have been able to send packages with cheap goods to the USA. However, Trump had already lifted the duty -free for imports in a lower value from China and Hong Kong in spring. Customs have been incurred for these deliveries since the beginning of May. The result: Some providers have increased their prices and buyers have instead imported the articles from other countries.
Deal with South Korea, massive surcharges for Brazil
However, the duty -free on smaller packages is only a building block with which Trump drives its rigid customs policy. As the Magazin Politico reports, the US President could impose higher tariffs against several states during the day, which have not yet been concluded with the United States. This could include Canada, Mexico and Taiwan.
Already yesterday Trump made serious serious products from Brazil with his threatened customs increase. 50 percent will fall on most products in the future. Brazil plays a rather low role as a trading partner for the United States. Trump’s motifs behind the massive plus of tariffs see many as politically motivated. He had repeatedly asked to end criminal prosecution against the former Brazilian President Jair Bolsonaro, who had to answer to court for a suspected coup attempt in Brazil.
Agreement with several states
With other countries, however, the US government was able to agree customs agreements. Most recently, the United States agreed with South Korea. In the future, 15 percent will be due to imports from the country to the United States. Trump had threatened 25 percent. In addition, South Korea secured more investments in the USA in the deal, for example through a higher import of liquefied gas.
In addition to South Korea, the United States also agreed with Thailand and Cambodia on customs agreements, it was said by US trade minister Howard Lutnick in an interview with the broadcaster Fox News. For the time being, however, he did not give details of the agreed customs sets.
Macron: “We were not feared enough”
Last weekend, the customs dispute between the USA and the EU, which lasted for months, came to an end – at least a provisional one. Here, too, both sides agreed on a future customs set of 15 percent for imports from the EU to the USA, with some exceptions. 50 percent of the steel and aluminum, for example, should continue to apply, but there should also be exceptions if certain quantities are imported.
The French President Emmanuel Macron apparently had a clear criticism of the deal at a meeting with his cabinet. It is clear that the community of states has not been able to “fear” by Trump, Macron said in front of ministers. “To be free, you have to be feared. We were not feared enough.” The customs deal is “not the end of history”. It is a first step in a negotiating process that would continue.
Talks with India end without any agreements
With India, on the other hand, discussions failed about a possible trade agreement. As a result, tariffs of 25 percent should be incurred for imports from the country from tomorrow, as Trump announced. In this context, he again criticized the “strictest and most annoying” trade barriers with India.
Trump also denounced that India bought a large part of his military equipment from Russia and that, along with China, Russia’s largest energy buyer. The US criticism has been growing to Russia in the face of the ongoing war of aging against Ukraine for weeks.
