US tariffs: Trump plans to levy 10% duties on goods from African and Caribbean nations; targets pharma and chip sectors next

US President Donald Trump announced on Tuesday (local time) that he is planning to impose tariffs of over 10 per cent on goods from smaller countries, including nations in Africa and the Caribbean, news agency AP reported. “We’ll probably set one tariff for all of them,” Trump told reporters, explaining that the rate could be […]

‘Eat the tariffs’: Donald Trump scolds Walmart after retailer blames import taxes for price hikes

US President Donald Trump on Saturday told Walmart to “eat the tariffs” after the retail giant warned that it would have to raise prices because of the new import taxes. Trump said that the retail giant should not blame tariffs for the price hikes.The US’s biggest retailer recently said that tariffs, even at reduced levels, […]

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