The United States has imposed a 15 per cent reciprocal tariff on imports from Guyana, as part of a sweeping package of trade measures unveiled by the White House just hours ahead of a 1 August deadline for countries to reach new trade agreements with Washington.
The measures—part of what President Donald Trump once dubbed “Liberation Day” tariffs—will take effect in seven days and target dozens of countries that failed to strike deals with the US in time.
While Trump has announced eight bilateral agreements so far, including with the European Union, Japan and the United Kingdom, the full details of those pacts remain unclear.
Few nations have been spared. Canadian imports will face tariffs as high as 35 per cent, among the highest announced. Thailand, which had been slated for a 36 per cent tariff, will now face a reduced 19 per cent duty, aligning it with regional peers such as Indonesia and the Philippines.
Mexico has been granted an additional 90 days to conclude a trade agreement, while Taiwan faces a 20 per cent tariff. It remains unclear whether its semiconductor sector will be subject to additional sector-specific levies.
Tariff rates go as high as 50 per cent on some goods, signaling a major escalation in the administration’s global trade strategy. (This story includes excerpts from the BBC News)
