New duties are another step in the aggressive business policy of the White House, which raises tensions in the global economy.
US President Donald Trump signed a executive regulation on Thursday evening local time to introduce new duties for dozens of US business partners. The measures will come into force by seven days. The United States has also announced an increase in business duties for Canada from 25 to 35 percent, reports TASR according to AP and AFP reports.
The Regulation set duties on the import of goods of 41 percent for Syria and included 30 percent for South Africa. At the same time, the White House announced that Canadian imports will be subject to 35 percent of the current 25 percent duties.
Changes for Canada and Mexico
According to the White House, an exception to Canadian and Mexican goods enters the country under the North American trade agreement remains in force. Mexico continues to face 25 % duties.
So far, Washington has announced business agreements with Britain, Vietnam, Japan, Indonesia, the Philippines, South Korea and the European Union. However, the details of these agreements remain unclear, AFP notes. The global economy is also influenced by the unresolved trade dispute between the United States and China.
From his return to the White House in January, Trump has introduced duties that shook global shops and hardly hit dozens of countries around the world.