US President Donald Trump slapped steep tariffs on exports from dozens of trading partners including Canada, Brazil, India and Taiwan, pressing ahead with his plans to reorder the global economy ahead of a Friday trade deal deadline. Trump set rates including a 35% duty on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan and 39% for Switzerland, according to a presidential executive order. The order, opens new tab listed higher import duty rates of 10% to 41% starting in seven days for 69 trading partners as the 12:01 a.m. EDT (0401 GMT) deadline approached.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Gaza war accounts for half of all aid worker deaths last year

A record 383 aid workers were killed last year, with nearly half…

Anti-Pakistan elements are not present in Afghanistan, says Amir Khan Muttaqi

On Nov 12, while addressing a seminar at the Institute of Strategic…

UN says latest Khan Younis assault ‘proof no place is safe’

The UN said that Israel’s latest assault on Khan Younis and the…

Poland expels Russian spies

It emerged on Wednesday, Poland’s Interior Minister Mariusz Kaminski has said the…