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Trump imposes 10% tariffs on Azerbaijan

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As previously reported, U.S. President Trump announced 10% tariffs on all imports into the United States, and even higher tariffs on goods from about 60 countries or trading blocs that have a high trade deficit with the US. That includes China and the European Union, which will be levied new duties of 34% and 20%, respectively.

Axar.az reports that Azerbaijan is among the affected nations.

A minimum customs duty of 10% has been set for the country.

Trump’s latest actions represent the most significant escalation in US tariffs in nearly a century, since the Smoot-Hawley Act of 1930.
Date
2025.04.03 / 10:12
Author
Axar.az
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