Who’s included in Trump’s latest round of adjusted tariffs?
Summary
U.S. President Donald Trump introduced new tariffs on products from various countries. These tariffs vary by country, with different rates applied to goods imported from regions such as Africa, Asia Pacific, Europe, the Middle East, and the Americas.Key Facts
- President Trump issued an executive order adjusting tariff rates on imports from numerous countries.
- In Africa, countries like Algeria and Libya face a 30% tariff, while others are set at 15%.
- Several Asia Pacific nations, including Bangladesh and Taiwan, face tariffs ranging from 15% to 40%.
- European countries, including the EU, face tariffs mostly set at 15%, with Serbia and Switzerland having higher rates at 35% and 39%, respectively.
- Middle Eastern countries like Iraq face adjustments with a 35% rate, while others are set at 15% or higher.
- In the Americas, Canada faces a tariff rate of 35%, and Brazil has a 10% tariff on its goods.
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