What tariffs are countries facing?
Asked 13 hours ago
Answer
Countries are facing a range of new U.S. tariffs: Canada faces 35%, countries with a U.S. trade deficit face 15%, and some like Syria, Laos, Myanmar, and Switzerland face 40%. Brazil and Lesotho face 50% tariffs. Australia, the UK, and Brazil are spared from the latest hikes, while New Zealand faces 15%. Universal 10% tariffs remain for countries with a trade surplus.
Now Playing
- US increases tariffs on Canadian imports from 25% to 35%. 5s
- Countries with a trade deficit with the US will face a 15% tariff, affecting about 40 nations. 14s
- Syria, Laos, Myanmar, and Switzerland will pay the highest reciprocal tariffs, around 40%. 22s
- US and Mexico extend 25% tariffs on certain imports for 90 days. 32s
- No breakthrough in trade negotiations between the US and China. 56s