There are new developments in the US Customs Duty Crisis: Insider sources have spoken about the next move to be made!

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A new era is beginning in the trade policies of U.S. President Donald Trump. The White House has prepared a customs tariff negotiation list covering approximately 20 countries prioritized by Trump.

This list has a wide range from large exporters to small economies. The goal is to quickly create sample agreements and lay the groundwork for more comprehensive trade arrangements.

According to sources close to the subject, the U.S. Trade Representative (USTR) provided a briefing to members of Congress. The list includes countries with significant shares in U.S. imports such as Japan, South Korea, and Vietnam, as well as smaller economies like Fiji, Lesotho, and Mauritius.

Treasury Secretary Scott Bessent stated that priority would be given to talks with 18 countries, but did not share the full list with the public. Trade Secretary Howard Lutnick indicated that the agreements with these countries would be "template" in nature and would facilitate a faster process. Lutnick said, "We are trying to show people a framework for doing business."

The list includes countries such as the United Kingdom and India, as well as Australia, Argentina, Cambodia, Ecuador, Indonesia, Israel, Madagascar, Malaysia, Switzerland, and Taiwan. Although the amount of products the US imports from Japan in one day exceeds its annual imports from Lesotho, the Trump administration aims to set an example by making easier and quicker deals with smaller countries.

China is being evaluated in a special negotiation process. Talks with Chinese officials are expected to begin this weekend. Trump announced that the 145% customs tariff imposed on China could be reduced to 80%. However, officials indicate that the discussions with Beijing are progressing on a separate track from other countries.

Senator Kevin Cramer pointed out that the 90-day suspension period for the tariffs announced by Trump on April 2 will expire in July, stating that agreements must be completed before this date. Some countries, such as Switzerland, claim they are in a favorable position in negotiations for the extension of the suspension period of the tariffs.

Kevin Hassett, one of the influential figures in the trade policies of the Trump administration, stated in an interview with CNBC that around 24 countries are close to making agreements with the US, similar to the United Kingdom.

Argentina is conducting active trade negotiations with the US under the leadership of Donald Trump’s close ally Javier Milei. Treasury Secretary Bessent stated that Argentina is "at the forefront" of the list of agreements.

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