Bangladesh, Japan and 12 other countries to face 40% duties as Trump releases tariff letters, check full list here
These countries have been slapped with 40 percent tariff on their goods. Check the list of countries here.
New York: United States President Donald Trump on Monday despatched letters to the leaders of 14 countries informing them about the imposition of tariffs on their imports, which will possible be applied from August 1. Japan and South Korea were the first countries to receive the letters following Trump’s announcement that he would ship letters to 12-15 countries concerning the tariff or offers.
Why Trump Had Despatched Tariff Letters?
Trump shared letters addressed to the leaders of Japan and South Korea on Truth Social, whereas asserting a 25 percent tariff on imports from each and each countries.
Following White Home Press Secretary Karoline Leavitt’s train that more letters are anticipated quickly, the US President posted five more letters to Malaysia, Kazakhstan, Myanmar, Lao Of us’s Democratic Republic, and South Africa. 25 percent tariff has been imposed on Tunisia on its imports.
Equally, 25 percent tariff became imposed on Malaysia and Kazakhstan on their exports to America. Particularly, each and each the countries exports electronics, vitality, and industrial metals to the US in colossal quantity.
The Trump-administration additional slapped Myanmar and Laos with 40 percent tariff on their goods. South Africa has been slapped with 30 percent tariff.
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