Tariffs on American products will be imposed, with rates as high as 50 percent. The move comes after negotiations between two countries collapsed.
A finance minister stated that the tariffs will be matched at the same rate as those imposed by the other country. The effective date for these tariffs is September 8.
Further information on the tariffs, including the number of products affected, is available from the source. The tariffs are part of a retaliatory measure.
Recent coverage curated from local and regional sources.
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