Trump's New Tariffs Are Not Enforced On Honduras

JAKARTA - The United States government excluded Honduras from the list of countries affected by the new tariff by 10 percent, said Honduras Foreign Minister Javier Bu Soto.

"During our official visit to Washington, we were satisfied to hear the US government's statement that the 10 percent rate would be abolished for Honduras," Bu Soto said via X as reported by RIA Novosti on Saturday.

"We were told by the Deputy Minister of US Trade, William Kimmitt, in a substantial conversation where we discussed in detail the tariff policy, bilateral trade, and the Intersamudra Railway project," he added.

Bu Soto assessed that Washington's decision reflects the high level of bilateral relations between the two countries and is the result of diplomatic efforts.

He added that Honduras would seek to encourage trade liberalization and lower tariffs in key economic sectors, as well as build mutual trust with current US governments in issues such as security, defense, migration, and economic development.

Earlier on Thursday (31/7), US President Donald Trump signed a decree imposing tariffs between 15 percent and 41 percent of goods supplied to the US from more than 60 countries. This new tariff will take effect on August 7.

Meanwhile, on April 2, Trump signed an executive order imposing a "resipprocal" tariff of 10 percent over imports, with higher rates for 57 countries starting April 9, based on the US trade deficit.

After more than 75 countries asked for negotiations rather than retaliate, a 10 percent base rate was imposed for 90 days until 9 July. Two days before the deadline, Trump extended the suspension of higher tariffs until August 1, but informed a number of countries that higher rates would be in effect from that date.