Letters outlining new tariff levels ...Middle East

30% for Libya30% for Iraq30% for Algeria5% for Moldova25% for Brunei20% for Philippines. Goods transshipment to evade higher tariff will be subject to higher tariffs.

Prior to today:

Japan & South Korea: 25% tariffs on all imports

Myanmar & Laos: 40%

South Africa, Malaysia, Kazakhstan, Bangladesh, Indonesia, Tunisia, Serbia, Cambodia, Bosnia & Herzegovina: between 25% and 40%

Copper: 50% tariff announced

Semiconductors & Pharmaceuticals: additional tariffs under review/directed

This article was written by Greg Michalowski at www.forexlive.com.

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