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The president of the United States, Donald Trump, said that the United States would charge a 15 percent tariff on southern Korea imports, one of the various measures announced in the period prior to its deadline for Friday to impose such taxes.
Trump established a term of August 1 for Canada to reach a trade agreement and has threatened to impose a 35 percent rate in goods that do not comply with the Canadá-Umexico (Cusma) agreement.
That rate would apply to Canadian exports that are currently argued to 25 percent, under Trump’s emergency powers, citing what he says is a threat of national security for fentanyl traffic.
He also signed an executive order that imposed a 40 percent rate on Brazilian exports, raising the total amount of the country’s rate to 50 percent, but with a series of notable exemptions.
He has also threatened to impose a 25 percent rate on the goods imported from India as of August 1.
Here are key developments:
South Korea
Trump said that the United States will charge a 15 percent tariff on South Korea imports, including cars, as part of a commercial agreement.
He also said that South Korea would accept American products, including cars and agriculture in their markets and would not impose any importation.
The United States agreed that South Korean companies would not be disadvantaged compared to other countries on the next tariffs on pharmaceutical chips and products, while retaining 50 percent rates on steel and aluminum.
Look | Trump sent letters to governments this month describing tariffs that would impose: 
The president of the United States, Donald Trump, sent letters to governments around the world on Monday, describing the tariffs that he would impose on August 1. The recipients include Japan, South Korea and South Africa. The deadline of July 21, Canada to reach an agreement with the United States seems to remain.
Trump said South Korea would invest $ 350 billion in the United States in “property and controlled by the United States” projects and selected by Trump.
South Korea said that $ 150 billion has been allocated for the cooperation of naval construction, while investments in chips, batteries, biotechnology and nuclear energy cooperation represented the remaining $ 200 billion.
Trump said that South Korea would buy $ 100 billion in liquefied natural gas or other energy products, which the Asian country said it would mean a slight change in energy imports from the Middle East in the next four years.
Brazil
Trump slapped a 50 percent tariff on most Brazilian goods to fight what has called a “witch hunt” against former President Jair Bolsonaro, but softened the blow excluding sectors such as airplanes, energy and orange juice of heavier taxes.
The new rates will enter into force on August 6 in the case of Brazil.
General exemptions also apply to donations aimed at relieving human suffering, such as food, clothing, medicine, as well as publications, movies, music and works of art.
India
Trump said Wednesday that the United States is still negotiating with India in commerce after announcing earlier on the day that the United States would impose a 25 percent rate on the imported goods from the country as of Friday.
India has resisted US demands to open their agricultural and dairy markets, saying that such movements would damage millions of poor farmers. Nueva Delhi has historically excluded the agriculture of free trade patients to protect domestic livelihoods.
According to an informative sheet of the White House, India imposes an average MFN rate (the most favored nation) of 39 percent in imported agricultural products, compared to 5 percent in the US. UU., With some duties of up to 50 percent.
Washington is pressing for better access to India markets for agriculture, ethanol, dairy, alcoholic beverages, cars, pharmaceutical products and medical devices.
