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‘We have made a few deals today that are excellent deals for the country’: Trump is coy as tariff scramble ensues

With the high dramatic tariff for president Donald Trump on the cuspit of the start, countries around the world scrambled on Thursday to end their business frameworks with the United States, discover the tax rates that their goods may face and prepare for the unknown.

Shortly before the deadline on Friday to start the customs tariff, Trump said he would enter into a 90 -day negotiation period with Mexico, one of the largest trade partners in the country, with the current 25 % tariff rates remaining, a decrease from 30 % that threatened him earlier.

“We have avoided increasing the customs tariff that was announced tomorrow and we got 90 days through the dialogue,” said Mexican leader Claudia Shinbum on X after a call with Trump.

White House press secretary Caroline Levitte said at a press conference on Thursday that Trump “at the stage of this day or later this evening” will sign an order to impose new prices starting from 12:01 am on Friday. She said that countries that did not receive a pre -received speech from Trump or negotiating a framework will be notified of possible tariff rates, either by speech or executive order.

The unknown created a sense of the drama that determined Trump’s offering of definitions for several months, with the consistency of one is his desire to impose import taxes that most economists say will eventually bear consumers and companies.

“We have concluded some deals today, which are excellent deals for the country,” Trump told reporters on Thursday afternoon without detailing the conditions of these agreements or countries.

Trump said that Canadian Prime Minister Mark Carney called for 35 % of the customs tariff imposed on many of his mother’s goods, but “we did not talk to Canada today.”

Trump imposed the deadline on Friday after the former “Tahrir Day” tariff, which led to the panic of the stock market. Its high unusual prices that were unveiled in April led to recession fears, prompting Trump to impose a 90 -day negotiation period. When he was unable to create enough commercial deals with other countries, he expanded the schedule and sent messages to world leaders who simply included prices, prompting a large number of hasty deals.

Trump reached a deal with South Korea on Wednesday, and earlier with the European Union, Japan, Indonesia and the Philippines. In Hanity, the Minister of Commerce, Howard Lottenic, told Fox News that there are agreements with Cambodia and Thailand after they agreed to stop the shooting of the border conflict.

Among those who were not sure of their commercial situation were the wealthy and Norway.

Norwegian Finance Minister Jeans Stoltenberg said that he was “completely uncertain” whether a deal will be completed before Trump’s deadline.

But even the public announcement of a deal can provide a slight reassurance to an American commercial partner.

European Union officials are awaiting the completion of a decisive document that defines how the tax framework works on importing cars and other goods from the 27 -member government bloc. Trump announced a deal on Sunday while it was in Scotland.

“The United States has taken these obligations. Now it is up to the United States for its implementation. The ball is in court,” said Ulof Gil, a spokesman for the European Union Committee. The document will not be legally binding.

Trump, as part of the agreement with Mexico, said that the goods imported in the United States will continue to face a 25 % tariff that is apparently associated with the trafficking of fentanel. He said that cars will face a 25 % tariff, while taxes on copper, aluminum and steel will be imposed by 50 % during the negotiation period.

He said that Mexico would end “non -introductory commercial barriers”, but he did not provide details.

Some goods are still protected from the definitions taken by the United States and Cna agreement for 2020, or USMCA, which Trump negotiated during his first term.

But it seems that Trump has been strained in this deal, which will be to re -negotiate next year. One of his first important moves as president was the tariff of goods from both Mexico and Canada earlier this year.

The American Statistical Office numbers show that the United States ran a $ 171.5 billion commercial imbalance with Mexico last year. This means that the United States has bought more goods than Mexico more than sold to the country.

The imbalance with Mexico grew in the aftermath of USMCA, when he was only 63.3 billion dollars in 2016, the year that Trump had started his first term in his position.

In addition to treating trafficking in fentanel, Trump made a target to fill the commercial gap.

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In this report, this report contributed to this report, the Associated Press Loren Cook, in Brussels and Jamie Kiten in Geneva.

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2025-07-31 21:51:00

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