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What is the latest on tariffs?

Asked 4 hours ago

Answer

The latest tariffs imposed by the U.S. target dozens of countries with rates from 10% to 50%, affecting major trading partners and leading to price hikes, business concerns, and diplomatic negotiations. Some countries, like Canada and South Africa, are in talks to avoid or mitigate the tariffs, while industries and consumers brace for higher costs and potential job losses.

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Africanews

South African officials: U.S. tariffs could put 30,000 jobs at risk

Africanews · New
Africanews
Africanews
New
  • South African officials warn that U.S. tariffs could threaten up to 30,000 jobs. 5s
  • The U.S. administration has imposed a 30 percent unilateral tariff on South African exports. 40s
  • Automotive and agricultural sectors are expected to be most affected by the new tariffs. 53s
  • The South African government is pursuing diplomatic talks and support measures in response. 1m 23s
International PoliticsEconomy

References

South African officials: U.S. tariffs could put 30,000 jobs at risk
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Africanews
9 hours ago
South African officials: U.S. tariffs could put 30,000 jobs at risk

South Africa faces a 30% U.S. tariff, which officials warn could endanger 30,000 jobs, especially in automotive and agriculture. Diplomatic efforts are ongoing.

How are world economies reacting to Trump tariffs?
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France 24
12 hours ago
How are world economies reacting to Trump tariffs?

Tariffs as high as 50% are set to take effect after a negotiation period, sparking protests and diplomatic efforts worldwide. Analysts warn of increased costs and potential recession.

Canadian businesses sidestep U.S tariffs
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CBC News
2 days ago
Canadian businesses sidestep U.S tariffs

Most Canadian exports escape higher U.S. tariffs due to exemptions, but compliance is costly and sectors like automotive, steel, and copper still face heavy duties.

World economies react to Trump's tariffs punch
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France 24
3 days ago
World economies react to Trump's tariffs punch

New import levies reach up to 50% for Brazil, 41% for Syria, 35% for Canada, and 25% for India, with Mexico given a 90-day negotiation period. The EU faces 15% tariffs on most goods.

Businesses worry as Trump hits dozens of countries with new tariffs
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CBS America
3 days ago
Businesses worry as Trump hits dozens of countries with new tariffs

Tariffs from 10% to 41% imposed on over 60 countries, including Japan and South Korea. Canada faces a 35% tariff, while Mexico and China are exempt due to ongoing talks.

Businesses say tariffs mean added issues
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CBC Canada
3 days ago
Businesses say tariffs mean added issues

Canadian businesses face administrative burdens to comply with new tariffs, though up to 95% of exports may be exempt under free trade rules. Automotive and metals sectors still face significant tariffs.

Business owners say new tariffs will force them to hike prices
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Scripps News
3 days ago
Business owners say new tariffs will force them to hike prices

The White House announces tariffs on dozens of countries ranging from 10% to 41%, set to take effect August 7th, with businesses expecting to raise prices for customers.

South Africa in 'negotiations' with U.S. over tariffs
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France 24
3 days ago
South Africa in 'negotiations' with U.S. over tariffs

South Africa is negotiating with the U.S. to prevent 30% tariffs on its exports, which could impact up to 100,000 jobs if enforced.

Where U.S. trade talks with other countries stand
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CBS News
3 days ago
Where U.S. trade talks with other countries stand

President Trump signed an executive order raising tariffs on about 70 countries, with only the UK securing a signed trade deal so far. Negotiations with China, Mexico, and Canada are ongoing.

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