US EditionBeyond 100% Tariffs: From Risk to Resilient Trade - BusinessWorld Online
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5 Articles
Beyond 100% tariffs: From risk to resilient trade - BusinessWorld Online
The Executive Order issued on July 31 further modified the US reciprocal tariffs and imposed a more uniform tariff at 19% to 20% for six of the 10 ASEAN countries: the Philippines, Indonesia, Malaysia, Thailand, Vietnam, and Cambodia. Laos and Myanmar have been slapped with the highest tariffs at 40%, while Brunei’s is 25%. In contrast, the April “Liberation Day” tariffs were more widely dispersed, ranging from 17% to 49%, with the Philippines h…
“Thousands of millions of dollars in tariffs are flowing to the United States of America,” said US President Donald Trump on social media, when midnight this Thursday reached Washington. After several comings and goings, negotiations and extensions, the so-called “reciprocal” tariffs on exports have already entered into force and the most affected activities are preparing to face a new trading era with the United States. In sectors such as agric…
Every boat that has left or is going to leave from this Thursday August 7 loaded with containers full of olive oil of Spanish origin destined for the United States...
Reciprocal Tariffs Begin, Switzerland Leaves DC Empty Handed, German and China Trade Surplus with USA Declines - The Last Refuge
The financial pundits are putting their customary spin on it, but overall as the reciprocal tariffs begin, things are going well. China’s trade surplus with the US declined to USD 23.74 billion in July, down from USD 26.57 billion in June, as both exports and imports with the US declined, falling 21.7% and 18.9%, respectively. […]
Brazil and India received the highest rates. Recently, tariffs of 200 % were announced to pharmaceuticals and 100 % to semiconductors.
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