The United States has announced that it is postponing the introduction of its planned new tariffs until August 1. President Donald Trump will sign a corresponding executive order, the Office of the President announced. Initially, twelve countries will receive tariff letters, which will be published on Trump's short message service, Truth Social. More will follow. Trump announced the tariffs in early April. He later postponed the implementation date to July 9.
According to insiders, the EU will not initially receive an announcement of higher tariffs from the US. There will be no tariff letter, EU representatives, who asked not to be identified, told the Reuters news agency. US President Donald Trump previously published similar letters to the governments of Japan and South Korea on his short message service Truth Social.
In April, Trump imposed a base tariff of ten percent on almost all imports from the EU. In addition, special tariffs apply to certain products, such as steel and aluminum, as well as car imports. With his tariff policy, Trump aims to encourage more production in the US.