Money and business

Customs duties .. What is the world waiting for after midnight July 9?


Global markets face a dilemma related to customs duties this week: How will I deal with July 9? But what is the importance of this day and why are countries and companies ahead with great concern?" target ="_Blank"> Trump for a period of 90 days next Wednesday, July 9, which raises an economic uncertainty at a time when his administration is working to reshape the World Trade Map.

What will happen after midnight of July 9? Cambodia, for 49%customs duties. After the deadline ends on Wednesday 9 July, the customs duties for each country will be added to the basic fees of 10%on all American imports. For its part, it lower China its additional fees from 125% to 10%." target ="_Blank"> The American market will decrease to 10%, compared to 27.5%, which is previously imposed under an agreement last June.

Related Articles

Back to top button