Trump Signs Executive Order to Provide Tariff Exemptions for Trade Partners

Reported about 10 hours ago

U.S. President Donald Trump has signed an executive order that grants tariff exemptions to countries that enter trade deals with the U.S. regarding industrial exports and pharmaceuticals. This order, effective from Monday, specifies over 45 categories eligible for zero tariffs, aiming to align U.S. tariffs with international commitments. The exemptions are contingent on the economic value of the agreements made with trading partners, and include key materials such as nickel, gold, and various pharmaceutical compounds. Additionally, the order permits the waiver of tariffs on specific imports under reciprocal trade arrangements.

Source: YAHOO

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