Connect with us


International-News

US tariffs: Trump ready to reintroduce 2 April tariffs from 1 August



Treasury Secretary Bessent announces deadline: without agreement, suspended tariffs will come back into force. Intense negotiations with the European Union

The US tariffs announced by Donald Trump in April will come into effect on 1 August, barring any last-minute agreements. This was announced by US Treasury Secretary Scott Bessent in an interview with CNN. The tariffs had been suspended until 9 July to facilitate dialogue between Washington and its main trading partners, but now the pressure is mounting.

‘The president will write to allies to inform them that, in the absence of an agreement, tariff levels will return to those of 2 April,’ Bessent said, referring to the table published months ago by Trump with tariffs on dozens of product categories from China, Europe, Canada, Mexico and other countries.

The US administration believes there is still time to avoid escalation. ‘There has been progress in negotiations with the European Union. Talks are ongoing and we will be very busy over the next 72 hours. I think we will see many agreements very soon,’ added the Treasury Secretary, suggesting that a multilateral agreement cannot be ruled out.

The return to the original tariffs, if confirmed, risks reigniting global trade tensions, with potential repercussions on the international economy already slowed by inflation, energy crises and ongoing wars. Trading partners are now looking to Washington for developments in the coming decisive hours.

THE LATEST NEWS

Africa Corps retreat from Kidal marks setback in Mali

Russian-backed paramilitary forces pull out after coordinated attacks by jihadists and Tuareg rebels across northern Mali The Africa Corps retreat...
Read More
Africa Corps retreat from Kidal marks setback in Mali

Russian oligarch yacht Nord crosses Strait of Hormuz

Luxury vessel linked to Alexey Mordashov sails through strategic waterway despite naval restrictions by Iran and the United States The...
Read More
Russian oligarch yacht Nord crosses Strait of Hormuz

Chernobyl Disaster at 40: Radiation Legacy and New Nuclear Tensions

The 1986 reactor explosion remains the worst nuclear accident in history, while the site continues to face modern security risks...
Read More
Chernobyl Disaster at 40: Radiation Legacy and New Nuclear Tensions

Trump posts suspect image after Washington shooting arrest

President says attacker acted alone; FBI urges public to share information as investigation expands. Donald Trump shared on Truth Social...
Read More
Trump posts suspect image after Washington shooting arrest

US Special Forces Soldier Arrested Over Maduro Operation Insider Trading Scheme

Federal prosecutors say the servicemember used classified intelligence tied to “Operation Absolute Resolve” to place high-stakes bets on Polymarket, netting...
Read More
US Special Forces Soldier Arrested Over Maduro Operation Insider Trading Scheme

Mojtaba Khamenei seriously injured in Israeli strike on residence compound

The Supreme Leader’s son, Mojtaba Khamenei, sustained severe injuries in an Israeli attack on his residential complex on February 28,...
Read More
Mojtaba Khamenei seriously injured in Israeli strike on residence compound

(Photo: © AndKronos)