August Tariff Wave Could Hit Pharma and Consumers Hard

franceinfo.fr

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The U.S. President has signed several decrees to further tax products from more than 90 states. South Africa, Burma and Syria, Canada and Switzerland are among the hardest-treated partners in Washington.

NotreTemps.com

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The officialization of the new US customs duties has pushed the World Stock Exchanges into the red Friday, even though the postponement of their application to August 7 leads several countries to negotiate until the last moment with Donald Trump to avoid overtaxes.

IONNEWS

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The United States had announced an increase in customs duties for 175 countries with which it had a trade deficit. US President Donald Trump signed a decree on Thursday, July 31, to implement this increase, which will enter into force on August 7. Among these countries, Mauritius is on the list of nations affected by this measure. Initially, customs duties could reach up to 40% for manufactured goods, agriculture and textiles. However, according…

2424.mg - L'actualité quotidienne en temps réel

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Antananarivo, August 1, 8:45 a.m. – Initially set at 47% in April, the customs duties for products exported from Madagascar to the United States were adjusted on Friday August 1st to 15%. This rate will apply effectively seven days after the date of the decree issued by the White House, i.e. from August 7th. Madagascar, which had expressed its concern about its competitiveness vis-à-vis other suppliers in the United States for its flagship produ…