Africa Links 24 with Shania Lazarus
Published on 2025-04-03 09:45:18
The United States (US) has decided to increase import tariffs across all trading partners, which includes Namibia which will now pay a reciprocal tariff of 21%.
Reciprocal tariffs means the US will impose tariffs on other countries that are equivalent to the tariffs those countries impose on US goods.
Namibia imposes a 42% tariff on imported US products.
According to a statement issued by the White House, these tariffs seek to address the injustices of global trade, reshore…
Read the Full article on The Namibian
