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In a significant development, the US has raised the tariff on Canada from 25 per cent to 35 per cent in response to what the administration described as Canada's failure to act on the 'illicit drug ...
African countries have gained an extra week to renegotiate trade terms with Washington, with new US tariffs – including steep hikes for South Africa and Algeria – now due to take effect on 7 August.
Trump's finalized list of tariffs imposes heavy levies on Switzerland, Laos, Syria, Iraq, Serbia, Algeria and others.
South African products exported to the US will face a 30% tariff from 8 August, President Donald Trump has announced. South ...