Categories: Business

Factbox-Trump's tariffs: What's in effect and what could be in store?

WASHINGTON (Reuters) -U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries.  Trump has set a baseline tariff of 10% on all imports to the United States, as well as additional duties on certain products or countries.  Here is a list of targeted tariffs he has implemented or threatened to put in place. COUNTRY-SPECIFIC TARIFFS Afghanistan – 15% Algeria – 30% Angola – 15% Bangladesh – 20% Bolivia – 15% Bosnia and Herzegovina – 30% Botswana – 15% Brazil – 50% for most goods Brunei – 25% Cambodia – 19% Cameroon – 15% Canada – 10% on energy products, 35% for other products not covered by the U.S.-Canada-Mexico Agreement  Chad – 15% China – 30%, with additional tariffs on some products, until November 10. Trump has threatened to impose an additional 100% tariff on November 1.  Costa Rica – 15% Cote d'Ivoire – 15% Democratic Republic of the Congo – 15% Ecuador – 15% Equatorial Guinea – 15% European Union – 15% on most goods Falkland Islands – 10% Fiji – 15% Ghana – 15% Guyana – 15% Iceland – 15% India – 50% Indonesia – 19% Iraq – 35% Israel – 15% Japan – 15% Jordan – 15% Kazakhstan – 25% Laos – 40% Lesotho – 15% Libya – 30% Liechtenstein – 15% Madagascar – 15% Malawi – 15% Malaysia – 19% Mauritius – 15% Mexico – 25% for products not covered by USMCA Moldova – 25%  Mozambique – 15% Myanmar – 40% Namibia – 15% Nauru – 15% New Zealand – 15% Nicaragua – 18% Nigeria – 15% North Macedonia – 15% Norway – 15% Pakistan – 19% Papua New Guinea – 15% Philippines – 19% Serbia – 35% South Africa – 30% South Korea – 15% Sri Lanka – 20% Switzerland – 39% Syria – 41% Taiwan – 20% Thailand – 19% Trinidad and Tobago – 15% Tunisia – 25% Turkey – 15% Uganda – 15% United Kingdom – 10%, with some auto and metal imports exempt from higher global rates Vanuatu – 15% Vietnam – 20% for some products, 40% on transshipments from third countries Zambia – 15% Zimbabwe – 15% PRODUCT-SPECIFIC TARIFFS Steel and aluminum – 50% Autos and auto parts – 25% Copper pipes, tubes and other semi-finished products – 50%  Wood products – 10% on softwood timber and lumber, 25% on kitchen cabinets, bathroom vanities and some upholstered wood products PRODUCT-SPECIFIC TARIFFS THREATENED BUT NOT IN EFFECT Large vehicles – 25% for medium and heavy-duty trucks and truck parts, 10% for buses, to take effect November 1 Pharmaceuticals – 100% Semiconductors – 100% Movies – 100% Critical minerals Aircraft, engines and parts Apple iPhones – 25% (Reporting by Andy Sullivan; Additional reporting by Pritam Biswas; Editing by Cynthia Osterman, Chizu Nomiyama, Sandra Maler and Shreya Biswas)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

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