Trump, Indonesia and tariff
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Trump, tariffs
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Africanews on MSNTrump to slap 10% tariff on small nations including in the Caribbean and AfricaUS President Donald Trump is ramping up his tariff agenda, announcing plans to slap new duties of over 10 percent on imports from smaller nations, including several in Africa and the Caribbean. The move marks a sharp turn in US trade relations,
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Explícame on MSNTrump's new tariffs are expected to go into effect on August 1On August 1, a significant shift in international trade is expected as President Donald Trump enacts a 30% tariff on imports from the European Union and Mexico, two of the U.S.'s largest trading partners.
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
“When President Trump announced the introduction of tariffs in April, Kazakh officials were surprised to see their country on the list. Kazakhstan, a country rich in natural resources and bordering Russia and China, has only limited trade with the United States,” writes The New York Times.
EU trade ministers have agreed that U.S. President Donald Trump’s 30% tariffs announced on the European Union are “absolutely unacceptable,” and they are studying a new set of countermeasures to respo
Most nations are still negotiating in hopes of avoiding punitive import taxes. At the same time, they’re looking for trading partners as a way around the United States.