US EditionTrump to put tariffs of over 10% on smaller nations, including those in Africa and the Caribbean
UNITED STATES, AFRICA, CARIBBEAN, JUL 15 – Tariffs over 10% will target imports from smaller African and Caribbean nations as part of efforts to reduce U.S. trade imbalances despite their modest trade volumes, officials said.
- President Donald Trump told reporters he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.
- Commerce Secretary Howard Lutnick interjected that the nations with goods being taxed would generally do relatively modest levels of trade with the U.S. and would be relatively insignificant for addressing Trump's goals of reducing trade imbalances.
- Trump said he would start out at a lower tariff rate and give companies a year to build domestic factories before they faced higher import tax rates, and that computer chips would face a similar style of tariffs.
149 Articles
149 Articles
Trump Says He Will Impose Tariffs of More Than 10 Percent on Smaller Nations
President Donald Trump said on Tuesday that he intends to impose tariff rates of more than 10 percent on imports from “smaller nations.” Trump told reporters that his administration will release a letter soon, notifying those countries of the tariff rates they will be subject to when exporting goods to the United States. “We’ll be releasing a letter soon talking about many countries that are much smaller,” he said after arriving from Pittsburgh.…
Real and Fake Antidotes to Trump’s Latest Tariffs, Seen from South Africa
US President Donald Trump apparently aims to reassert his power to cause a full-blown economic catastrophe, perhaps reminiscent of 1930s-scale Make America Great Depression Again. The self-harm to his own MAGA lower-middle-class social base – especially consumers of cheap imports – will soon become evident when price inflation rises. But since Trump hit South Africa hard on July 8 with a 30% general tariff (though there are exceptions such as pl…
Trump Floats More Tariffs
President Trump told reporters Tuesday that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean, the AP reports. "We'll probably set one tariff for all of them," Trump said, adding that it could be "a little over 10% tariff" on goods...
Coverage Details
Bias Distribution
- 73% of the sources are Center
To view factuality data please Upgrade to Premium
