The United States announced that it will impose tariffs of 20% to Colombia from August 7. Although the country was not part of the table that was revealed in the decree, in the White House document it reads “The assets of any foreign business partner that is not included in Annex I of this order will be subject to an additional Ad VALEM Tariff rate of 10%according to the terms of the executive order 14257 “.
The document also indicates that the rate will enter into force from 00:01, east time, seven days after the date of that order.
Reciprocal tariffs between 10% and 41% to several countries
United States president Donald Trump, on Thursday a decree signed by which imposes reciprocal tariffs between 10% and 41% to dozens of countries.
Meanwhile, Trump modified reciprocal tariffs for some countriesthe White House reported.
The United States will implement new rules of origin to determine tariffs on transfined products in the coming weeksSaid a high -ranking official of the Trump government, who stressed that the details are being finalized.
The official added that If the United States has a commercial surplus with a given country, tariffs for that country will be 10%.
He explained that If the United States has a small commercial deficit with a given country, tariffs for that country will be 15%.
The official maintained, meanwhile, that in the case of India, the challenges include geopolitical differences over the BRICS and Russia group, and that these differences cannot be resolved overnight.
He stressed, meanwhile, that A final decision has not been made regarding China.
