Home World US Trade Officials Confirm Trump’s Tariff Plans, No Delay Expected

US Trade Officials Confirm Trump’s Tariff Plans, No Delay Expected

US Trade Officials Confirm Trump's Tariff Plans, No Delay Expected

Top US officials confirm that a new trade tariff will go into effect soon. The tariff was announced by President Donald Trump.

What’s happening

The new tariff starts on April 9. It will affect many countries that trade with the US. Some countries will charge the US more for certain products in response.

US officials speak out

US Treasury Secretary Scott Bessent was asked if the tariff is permanent. He said “that’s up to President Trump.”
US Commerce Secretary Howard Lutnick said there won’t be a delay. “The tariffs are coming,” he said.

Impact of the tariff

The tariff will change how countries trade with the US. Some products from other countries will cost more.

  • Products from some countries will have a 10% tariff.
  • Other countries will have higher tariffs because the US has a trade deficit with them.

Reaction from other countries

Some countries want the US to delay the tariff. Vietnam asked for a 46-day delay. But US officials say they won’t delay it.

What’s next

The tariff starts soon. Countries are preparing for the change. The US says it’s open to talking to other countries about trade. But for now, the tariff is going into effect as planned.

Source: BBC

No Comments

Leave A Reply

Please enter your comment!
Please enter your name here

Exit mobile version