US EditionTrump: US to Impose Uniform Tariff Rate on over 150 Economies
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17 Articles
Trump: US to impose uniform tariff rate on over 150 economies
WASHINGTON: United States (US) President Donald Trump on Wednesday unveiled a plan to impose a unified tariff rate on more than 150 countries and regions, Xinhua reported, citing a report by Politico. © New Straits Times Press (M) Bhd
Trump to impose 10-15% tariffs on more than 150 countries globally
In a dramatic escalation of his protectionist economic agenda, US President Donald Trump has revealed plans to notify more than 150 countries that they may soon be subjected to new US tariff rates-ranging between 10% and 15%. The announcement marks the latest move in Trump’s aggressive bid to restructure global trade around what he calls “America First principles,” with the goal of reducing the US trade deficit and reviving domestic manufacturin…
US President Donald Trump plans to impose tariffs of 10% or 15% on more than 150 countries. The new tariffs will take effect on August 1. TASR reports this based on a Bloomberg report.
US President Donald Trump plans to send a letter to more than 150 smaller countries informing them of new tariffs on imports to the US. He announced that they will be the same for all. He also explained that the US will most likely stick to the announced imposition of 25% tariffs on Japanese imports, and is expected to reach a trade agreement with India soon.
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