The recent wave of tariffs introduced by the Trump administration has led to higher taxes on exports to the United States from numerous countries. The new tariffs vary significantly in rates, with Syria facing a 41% tax and the UK 10%. Additional executive orders have raised Brazil's total tariff rate to 50%. The EU has a new baseline rate of 15%, affecting certain products positively, while countries worldwide are seeking to negotiate agreements to counter potential losses and job impacts from these tariffs.
Dozens of countries face higher taxes on their exports to the US due to new country-specific tariffs imposed by Donald Trump. These tariffs range significantly, with rates of 41% on Syria and 10% for the UK.
The tariffs include additional levies, increasing Brazil's effective total rate to 50%, while the EU's revised baseline rate affects cheeses, maintaining a lower import duty than previously anticipated.
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