The US is close to reaching several trade agreements before the expiration of July 9, when higher duties are imposed, US Finance Minister Scott Bessed said today, predicting that several large announcements will be made in the coming days. Bessed told the broadcast of the CNN television network “State of the Union” that the Trump government will send letters to 100 smaller countries with which the US does not have large bilateral trade exchanges, notifying them that they will be faced with the high duties until April 2. “President Trump will send letters to some of our commercial partners by telling them that, if they do not proceed with the situation, then on August 1, they will return to the level of duties on April 2nd. So, I hope we will see many deals very quickly, “Bessed said. Source: RES
Source: News Beast
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