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Trump imposes 12.5% tariffs on imports
The United States has announced the imposition of customs duties ranging from 10% to 12.5% on imports from approximately 60 countries, including 11 Arab nations such as Saudi Arabia, the UAE, Egypt, and Oman, in an effort to rebuild the trade barriers implemented by President Donald Trump. This move comes after the Supreme Court invalidated previous tariffs and targets countries deemed non-compliant with forced labor anti-protocol standards, with exceptions for fuels, foodstuffs, fertilizers, and certain products like cars, metals, and medicines. These new duties are being enacted to reinforce the US's protectionist policies, following the suspension of earlier tariffs and in an effort to avoid a tariff gap after the conclusion of global import taxes.
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