Here are the tariff rates, categorized by region, as specified in President Donald Trump’s executive order, “Further Modifying the Reciprocal Tariff Rates.” Africa Algeria: 30% Angola: 15% Botswana: 15% Cameroon: 15% Chad: 15% Ivory Coast: 15% Democratic Republic of the Congo: 15% Equatorial Guinea: 15% Ghana: 15% Guyana: 15% Lesotho: 15% Libya: 30% Madagascar: 15% Malawi: 15% Mauritius: 15% Mozambique: 15% Namibia: 15% South Africa: 30% Tunisia: 25% Uganda: 15% Zambia: 15% Zimbabwe: 15% Asia Pacific Bangladesh: 20% Cambodia: 19% Fiji: 15% India: 25% Indonesia: 19% Japan: 15% Laos: 40% Malaysia: 19% Myanmar (Burma): 40% Nauru: 15% New Zealand: 15%…
Author: Raja Zahid Khanzada
President Trump has announced that his special envoy, Steve Witkoff, currently in the Middle East, will be visiting Russia next. Witkoff has met with Russian President Vladimir Putin multiple times in Moscow before Trump’s previous attempts to improve relations with the Kremlin stalled. Washington has given Moscow a deadline until the end of next week to cease hostilities in Ukraine or face severe economic sanctions. Trump reiterated this ultimatum on Thursday. “We’re going to put sanctions. I don’t know that sanctions bother him,” the US president said, referring to Putin. Previously, Trump has also threatened that new measures could include…
The forthcoming tariffs, scheduled to be enforced on August 7, are expected to have a detrimental effect on several key Swiss sectors, particularly manufacturing and watchmaking. The Swiss government, in a social media statement, indicated it is still in communication with US authorities and “remains hopeful of a negotiated resolution.” The statement added, “The Federal Council notes with deep regret the US’s intention to unilaterally impose significant import duties on Swiss imports, despite progress in bilateral discussions and Switzerland’s constructive stance.” On Thursday, the Trump administration announced a fresh wave of tariffs on many of its trading partners, citing a…
The Pakistan Stock Exchange (PSX) reached an all-time high on Friday after the United States officially reduced import tariffs on Pakistani goods. The move significantly boosted investor confidence and signaled improved trade ties between the two nations. The PSX’s benchmark KSE-100 Index closed at 141,034.98 points, marking a gain of 1,644.56 points, or 1.18%, from the previous day’s close. During the session, the index hit an intraday high of 141,160.93 points. Details of the US-Pakistan Trade Deal The US government announced the revised tariffs, which will see Pakistan face a reciprocal tariff of 19%, a 10% reduction from…
The Pakistan Bureau of Statistics (PBS) announced on Friday that consumer inflation accelerated to 4.1% year-on-year in July, a significant increase from 3.2% in June. This rise was primarily driven by increasing prices for food items, fuels, and medicines. On a month-on-month basis, consumer price inflation in July was 2.9%. The higher inflation rate follows the State Bank of Pakistan’s assessment of a worsening inflation outlook, which led it to maintain the key interest rate at 11%. The bank’s monetary policy committee stated on Wednesday that energy prices, particularly for gas, have risen more than anticipated. It believes that the…
Tex-Mex and Tejano music legend Flaco Jimenez has passed away at the age of 86. His family announced his death and shared his heartbreaking last words. His passing comes a few months after he was hospitalized due to a “medical hurdle.” His family stated, “It is with great sadness that we share tonight the loss of our father,” adding that Flaco will be “missed immensely.” According to The San Antonio Express News, the musician’s son, Arturo, revealed that his father’s final words were, “I’m tired.” Flaco celebrated his 86th birthday in March, two months after his hospitalization. His family had…
Denise Richards is reportedly facing new drama as her ex-husband, Aaron Phypers, plans to write a tell-all book about their messy split. According to Radar Online, the 54-year-old American actress was shocked when her husband, Aaron, whom she married in 2018, filed for divorce. Insiders told the outlet that Denise is worried that he will try to take her money. The 52-year-old Canadian-born American businessman is not only demanding a fortune from her but also plans to reveal private details about their six-year marriage in his upcoming tell-all. “This divorce is getting nasty very quickly, as he’s demanding a fortune…
Kim Kardashian is said to be feeling insecure after reportedly being rejected by NFL star Tom Brady. Radar Online reported that Sofia Vergara has been spending time with the 47-year-old American football quarterback, which has made Kim feel even more insecure. According to sources, the 44-year-old American media personality “threw herself” at Tom after Jeff Bezos and Lauren Sanchez’s wedding in Venice, Italy. However, he reportedly showed no interest in her. Earlier this month, Tom was seen getting close with Sofia on a cruise in Ibiza, Spain. An insider shared, “Tom was practically falling at Sydney Sweeney’s feet at the…
Justin Timberlake, Avril Lavigne, Bella Hadid, and other celebrities have publicly shared their battles with Lyme disease, a tick-borne illness caused by the bacterium Borrelia burgdorferi. This infection is estimated to affect 476,000 Americans annually, though far fewer cases meet the official CDC criteria. Experts note that celebrities are not necessarily at a higher risk of contracting the disease. Instead, their access to specialized medical care and large public platforms means their diagnoses are more likely to be publicized. Many also spend time in rural areas where the risk of tick exposure is higher. Timberlake recently disclosed that he performed…
Ray Winstone is set to receive a prestigious honour at the Sarajevo Film Festival. The 68-year-old English television actor will be presented with an Honorary Heart of Sarajevo Award at the festival later this month. This award is being given to him in recognition of his significant contributions to the world of entertainment. Winstone has appeared in films such as King of Thieves and Black Widow. His most recent credits include the Netflix film Damsel and the British indie film A Bit of Light. Jovan Marjanović, the director of the Sarajevo Film Festival, praised the Emmy-winning actor, stating, “He is…
