TNI Bureau: US president Donald Trump signed Executive Order that will impose reciprocal tariffs on around 70 countries across the globe ranging from 10 per cent to over 41 per cent.
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As per the Executive Order, America has imposed the highest tariff of 41% on Syria. It was followed by Myanmar (Burma) and Laos with 40%. The third highest Tariffs of 39% has been levied on Switzerland.
While on India, Trump has announced 25% Tariffs, countries like Brazil, Falkland Islands and United Kingdom have been spared with the lowest 10% tariffs which will come into effect from August 7.
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