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U.S. to Introduce Trade Tariffs on 68 Countries and the European Union Starting August 7
U.S. President Donald Trump has signed an executive order introducing trade tariffs on 68 countries and the European Union, INTERFAX.RU reports.
According to CNN, the tariffs will take effect on August 7 “to provide sufficient time for customs and border authorities to implement the necessary changes.”
The White House emphasized that special arrangements would be made for certain countries, including China, Canada, and Mexico. For Canada, tariffs will be increased from 25% to 35%.
The highest tariffs, ranging from 30% to 41%, will be applied to goods from Algeria, Bosnia and Herzegovina, Iraq, Laos, Myanmar, and Syria.
For countries not listed in the order, a base tariff of 10% will be applied.
Among CIS countries, goods from Kazakhstan and Moldova will be subject to 25% tariffs, while goods from the European Union will face 15% customs duties.
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A solemn opening ceremony of the automobile bridge over Garabogaz Bay was held in Turkmenistan, timed to coincide with the Day of Workers in the Construction and Industrial Complex, celebrated on November 3.
As reported by the newspaper "Neutral Turkmenistan," the construction contractor was the Ukrainian company "Altkom." The bridge meets international quality standards and technical operation norms.
The bridge spans 354 m in length and 21 m in width. The two-way roadway is designed for vehicles with a carrying capacity of 40-50 tons. Construction utilized sulfate-resistant cement, reinforced concrete structures, and other high-strength materials ensuring resistance to corrosion, deformation, and seismic loads.
The new structure is intended to provide high throughput in international freight road transport. At the opening ceremony, it was noted that the bridge symbolizes good neighborliness and friendship among the peoples of the region.
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