U.S. partners that struck deals with Trump now face 10% tariff, says White House

The U.S. administration has announced a temporary 10% tariff on imports from countries that had previously secured trade deals with former President Donald Trump. A White House official stated that this measure is not permanent, as the administration plans to explore other legal avenues to establish more suitable or pre-negotiated tariff rates. This move has raised concerns among international trade partners, as it could disrupt existing agreements and impact economic relations. The decision reflects a broader strategy by the current administration to reassess and potentially renegotiate trade terms established during the previous presidency, aiming for a more balanced trade environment. As the U.S. continues to navigate its trade policies, the implications of these tariffs will be closely monitored by both domestic stakeholders and international partners, who are eager to understand how these changes may affect their markets and economic ties with the U.S.
Originally reported by The Hindu International. Read original article
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