Trump slaps tariffs on 80+ countries
REUTERS/Evan Vucci
The United States has imposed new tariffs ranging from 10
percent to 12.5 percent on imports from more than 80 countries, including
Canada, Mexico, EU
members, and China, U.S. President Donald Trump announced on July 24.
The New York Times said the new duties replace 10 percent global fees the administration had imposed after the U.S. Supreme Court struck down an earlier wave of broad tariffs. Under law, the replacement tariff could remain in effect only 150 days without congressional approval, and that period expired at midnight on July 24.
The administration set a 10 percent rate for goods from Argentina, Bangladesh, the United Kingdom, Cambodia, Canada, Ecuador, El Salvador, Guatemala, Honduras, India, Indonesia, Jordan, Malaysia, Mexico, Pakistan, Sri Lanka, Trinidad and Tobago, the European Union, Taiwan, Japan, South Korea and Switzerland. Publications said those rates, when combined with previously applied most-favored-nation tariffs, produced effective rates of either 10 percent or 12.5 percent.
Reuters reported the remaining 38 countries were assigned a 12.5 percent rate. That group includes Vietnam and China, which the United States accuses of detaining members of the Uyghur minority in forced-labor camps.
According to the Office of the U.S. Trade Representative the
new tariffs cover the 60 largest U.S. trading partners, accounting for 99.4
percent of U.S. imports.
The military war may be swinging in our favor, but the information war continues.
Just as an army needs soldiers, so does a free society need its journalists to ensure that people have access to honest, trustworthy voices to understand the world around them.
For the past five years, The New Voice of Ukraine has been working tirelessly to push back against Russian narratives and defend democracy. But we cannot do it alone.
Please consider supporting us on Patreon for just $5 a month – your donation does directly to supporting journalists and ensuring that this front of the infowar says solid and defended.
Thank you.
Follow us on Twitter, Facebook and Google News
