22 minutes agoTrump announces new tariffs: Kosovo sets 10 per cent
Periskopi(a year ago)
(a year ago)The President of the United States, Donald Trump, has announced the introduction of new tariffs to US business partners that will be in force since midnight today. During a speech at the White House, he has displayed a graph to illustrate existing and new tariffs. On the list [...]
During a speech at the White House, he has displayed a graph to illustrate existing and new tariffs.
On the list of states affected by new tariffs Kosovo also figures, which will face a 10 per cent fee.
Meanwhile, Serbia has imposed a 37 per cent fee, while Albania's products will be taxed by 10 per cent.
Otherwise, the US will set tariffs on the European Union (20%), Vietnam (46%), Taiwan (32%), Japan (24%), India (26%), South Korea (25%) and Thailand (36%), reports BBC, broadcast Periscope.
One of the most important measures announced is the 25 percent rate on all foreign auto producers.
According to Trump, over 80 percent of cars produced in South Korea are sold inland, while over 90 percent of cars sold in Japan are produced there. By contrast, American vehicles represent a very small market in these countries.
During the speech, Trump has criticised the European Union and some Asian countries for the tariffs imposed on US-made vehicles, claiming that those times have already ended.
In conclusion to his statement, he has restored the popular rhetoric “The America of Para”, stressing that the US must protect its economic interests and no longer pursue economic withdrawal policies at the expense of its people.
Why is Trump setting tariffs to countries where Kosovo was included?
