Washington, DC: Two days before his deadline of July 9 and one day after Donald Trump announced reciprocal tariffs on 14 countries, the US president said Tuesday (local time) that his administration will reveal at least seven countries with which the US will trade on Wednesday morning (local time).
The US president said in a post on Truth Social that by Wednesday afternoon, the identities of other nations would also be made public.
“At least seven countries related to commerce will be disclosed tomorrow morning, and more countries will be released in the afternoon.
I appreciate you taking the time to consider this. Trump said.
The US president revealed letters his administration issued to 14 nations earlier Monday (local time), alerting them to the reciprocal tariffs that would go into force on August 1.
Additionally, he subsequently declared that “all money will be due and payable starting AUGUST 1, 2025 – No extensions will be granted” and that there would be no extensions to this deadline day.
Trump first released the correspondence addressed to Yoon Suk-yeol, the president of South Korea, and Fumio Kishida, the prime minister of Japan.
Approximately two hours later, he said that comparable correspondence had been sent to Laos, Myanmar, South Africa, Kazakhstan, and Malaysia.
He later revealed tariff letters that were addressed to the leaders of other nations, such as Bangladesh, Indonesia, Tunisia, Bosnia and Herzegovina, Cambodia, Thailand, and Serbia.
Trump announced that South Korea and Japan will be subject to a 25% tax starting on August 1 in letters to the prime minister of Japan and the president of South Korea.
In the meanwhile, Bangladesh and Serbia will each be subject to a 35% charge, while Thailand and Cambodia will each be subject to a 36% tariff.
Trump said that Myanmar and Laos would have to pay 40% in duties on their exports to the United States, while Kazakhstan and Malaysia will each be subject to 25% levies.
On August 1, imports from South Africa and Bosnia and Herzegovina will be subject to 30% duties, while Indonesia will be subject to a 32% duty rate. His letters state that Tunisia will be subject to a 25% tariff.
Trump said that he was “firm but not 100 percent firm” when asked whether he was adamant about his August 1 deadline for US tariffs.
“I would describe it as firm, but not completely so. “We will be open to that if they call and say, ‘We would like to do something differently,’” he said.