US President Donald Trump announced sweeping new tariffs late Thursday, hitting six Arab countries with steep rates as part of his drive to “rebalance trade” with trade partners, Anadolu reports.
According to the executive order released by the White House, Syria has the highest rate (41%), followed by Iraq (35%), Libya and Algeria (30%), Tunisia (25%), and Jordan (15%).
Trump defended the move in a post on his Truth Social platform, declaring: “Tariffs are…
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News Source: www.middleeastmonitor.com
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