President Donald Trump has resulted in tariff rates for most of the country’s largest commercial partners. The rest of the world is in a deadlock, Politico says.

White House official confirmed that Trump plans to sign New executive decrees on Thursdayimposing higher duties on several countries that have failed to reach trade agreements until the deadline he has imposed on Friday, August 1st, including major commercial partners in America, such as Canada, Mexico and Taiwan. This has pushed their leaders, as well as officials from other important economies, trying to secure an agreement or extension of the last minute – though most are pessimistic about this perspective.

“US trade negotiators squeeze Taiwan like a lemon”stated a person who knows the commercial conversations US-Taiwanwhich he wanted to keep his anonymity because of the sensitivity of the issue. “The US wants everything in terms of access to Taiwan markets.”

Unlike previous duties deadlines, the White House insists that Trump will keep this time the deadline And he will not issue another extension, something he has done twice since he first applied his “reciprocal” duties to dozens of commercial partners on April 2.

“THE FIRST OF AUGUST THE FIRST AUGUST IS THE FIRST AUGUST DATE – APPLICABLE AND WILL NOT EXTEND. A GREAT DAY FOR AMERICA !!! “ Trump wrote on the Truth Social Social Platform on Wednesday.

Later on Wednesday, the president made a number of other commercial moves, issuing executive decrees that increased the Brazilian duties to 50%, set new duties on copper products and announced a preliminary agreement with South Koreaputting duties on the country’s products at 15%, in exchange for investment commitments over $ 350 billion in the US, US energy market worth more than $ 100 billion and reduction in tariff barriers.

Announced another agreement with Pakistan, “According to which Pakistan and the United States will work together to develop their huge oil reserves”although he said nothing to reduce their tariff rate.

The President has already used the threat of increased new duties To achieve preliminary commercial and investment agreements with Japan, the European Union, the United Kingdom, South Korea and several rapidly growing countries in Southeast Asia, setting rates between 15%and 20%, and has not yet decided whether to extend a separate one, 12%.