JAKARTA - United States President Donald Trump on Monday signed an executive order extending the date of reciprocity rates until August 1.
It follows the announcement of the amount of tariffs to be imposed on a number of partner countries, including Japan, South Korea, and Indonesia.
"I have decided, based on additional information and recommendations from various senior officials, including information on the status of discussions with trading partners, that it is necessary and appropriate to extend the suspension imposed by Executive Order 14266 to 12:01 a.m. emitter flight time on August 1, 2025," President Trump said in the executive's order, issued by the White House. , reported Anadolu July 8.
Previously, the deadline for the implementation of this tariff was set by President Trump on July 9.
"Regarding China, the suspension of separate tariffs imposed by Executive Order 14298 dated May 12 remains valid and has not been changed by this order," he said.
Previously, President Trump had announced the imposition of tariffs of 25 percent on goods from Japan and South Korea starting on August 1.
President Trump posted a letter to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung on social media, saying, "Unfortunately, our relationship is far from reciprocal," which may refer to reciprocal rates.
He urged the two countries to produce their goods in the US as a way to avoid tariffs.
President Trump said tariffs of 25 percent were "much lower" than the levels needed to fully address the imbalance in the trade deficit with these countries.
The president also warned tariffs could be raised above 25 percent if South Korea or Japan responded at their own rates against the US.
"If for any reason you decide to increase the rate, then, no matter how many you choose to increase it, it will be added to the 25 percent we wear," he said.
President Trump also said he would send letters to various countries outlining their specific rates starting Monday.
SEE ALSO:
He then announced tariffs for dozens of countries, including 25 percent for Malaysia, Kazakhstan and Tunisia, 30 percent for South Africa and Bosnia and Herzegovina, 32 percent for Indonesia, 35 percent for Serbia and Bangladesh, 36 percent for Cambodia and Thailand and 40 percent for Laos and Myanmar.
White House spokesman Krypto Leavitt said "about 12 other countries" would receive direct notices and letters from Trump regarding new trade measures today.
"The government, president, and his trade team want to make the best deal for the American people and American workers," Leavitt said.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)