US President Donald Trump signed an Executive Order, under which recipes from 10% to 41% will be imposed on goods coming from dozens of countries. This step is part of America’s efforts to fix trade imbalance.
Under the new tariff schedule, 19% duty will be imposed on imports from Pakistan. At the same time, 20% tariffs will be imposed on products coming from Bangladesh and Vietnam. Apart from this, a 15% fee has been fixed on goods of countries like Cameron, Chad, Israel, Türkiye, Venezuela and Lesotho. Ustinated goods from South Africa will now levy a huge duty of up to 30%, while Switzerland has suffered the most shock- 39% tariffs have been imposed on goods coming from there.
This news has been published with initial information. New updates will be added soon.
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