Asian economies in limbo after US president Donald Trump orders 15% import tariff

Asian Economies News

Asian economies in limbo after US president Donald Trump orders 15% import tariff
Uncertainty15% TariffImports

Asian economies are weighing fresh uncertainty after US President Donald Trump announced a flat 15% tariff on imports. It follows a Supreme Court ruling that struck down the president's sweeping Liberation Day tariffs, casting doubt over over previously negotiated trade deals.

Asian economies are weighing fresh uncertainty after US President Donald Trump announced a flat 15% tariff on imports. It follows a Supreme Court ruling that struck down the president's sweeping Liberation Day tariffs, casting doubt over over previously negotiated trade deals.

US Trade Representative Jamieson Greer has assured that existing agreements will remain in force, adding that none of Washington’s trade partners have indicated plans to withdraw. The new 15% levy is set to take effect on Tuesday and will remain in place for at least 150 days. Ishan Garg has more from New Delhi and Nick Harper reports from Washington DC. US Trade Representative Jamieson Greer has assured that existing agreements will remain in force, adding that none of Washington’s trade partners have indicated plans to withdraw. The new 15% levy is set to take effect on Tuesday and will remain in place for at least 150 days. Ishan Garg has more from New Delhi and Nick Harper reports from Washington DC.We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

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Uncertainty 15% Tariff Imports Trade Partners Negotiated Agreements 150 Days

 

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