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US President Donald Trump has introduced new import tariffs on countries lacking formal trade agreements with the US, with rates reaching up to 41% for Syria and 35% for Canada. Agreements have been made with eight countries, including the UK, Vietnam, and Japan, featuring reduced tariffs and trade concessions. However, tensions persist with major partners like China and India, where additional punitive tariffs were announced. The policy aims to protect US interests but has raised concerns worldwide.

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Bonik Barta 01 Aug 25

New Tariff Policy: From Friends to Neighbors, Trump Has Not Spared Anyone

US President Donald Trump has imposed new import tariffs through an executive order. According to the new order issued yesterday, additional tariffs have been levied on products from countries with which the US does not yet have equal trade relations (i.e., no agreements in place). The tariff rate for Syria has been set as high as 41%. Meanwhile, tariffs on Canada have been increased from 25% to 35%. This report is from NBC News.


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