Headline - Usa/exports: the Impact of 15% Customs Duties
9 Articles
9 Articles
DECRYPTAGE - Benyamin Netanyahu hoped for leniency on the part of the United States. Israeli exports are subject to a 15% tax, except for technological products.
In the trade agreement between the US and Europe, the aviation sector is exempt from customs duties, which would have destroyed the structure of the industry and, above all, harmed American companies.
The 15% US tariffs on European imports come into force on August 7th. Markets are concerned about its effects on inflation and growth in the United States.
On Sunday, August 3, the extreme right-wing supporters celebrated in several cities of the country the increase in tariffs on Brazilian exports, decreed by the White House in support of the former president prosecuted for attempted coup d'état.
With the customs duties put in place by Donald Trump and to come into force Friday, August 8, the nougat of Montélimar (Drôme) will cost more. The export cost will increase by 15%.
President of the Fédération des entreprises romandes (FER), Ivan Slatkine analyses the "massage hit" that Donald Trump's decision represents for the Genevan and Romande economy. He does not expect a miracle until August 7th.
Coverage Details
Bias Distribution
- 80% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium