Rabat – US President Donald Trump has announced a new tariff policy that will affect imports from all countries. The decision includes a 10% baseline tariff on all imported goods and higher rates on countries that have trade surpluses with the US.
The new tariff policy includes North African countries, with different rates applied to each country. Algeria will face a 30% tariff on its exports to the US, as it charges 59% on American products. Tunisia will have a 28% tariff, compared to the 55% it applies to US goods.
Meanwhile, Morocco is among the countries subject to the baseline tariff of 10%, the same rate it applies to American imports.
The announcement is part of Trump’s “Liberation Day” economic plan, which he says aims to make trade fairer for the US.
Trump imposed some of the highest tariffs are imposed on Asian countries, including Cambodia (49%), Vietnam (46%), and Sri Lanka (44%). China, a major US trade partner, will have a 34% tariff, while India faces a 26% tariff.
The European Union will be subject to a 20% tariff. Meanwhile, Japan and South Korea will pay 24% and 25%, respectively.
For some countries, like Morocco, the tariffs remain at 10%, as they already charge similar rates on US imports, which is why the new policy does not impose higher duties on them. These include Australia, Saudi Arabia, Egypt, Turkiye, and the United Kingdom.
Trump claims that the move is meant to create a fair trade system and ensure that US businesses are not at a disadvantage. He argued that many countries charge higher taxes on US exports while benefiting from lower tariffs when selling to America.
“This is a declaration of economic independence,” Trump said.
However, experts warn that these tariffs could lead to damaging trade disputes and retaliation from affected countries. Some economists also worry that American consumers may face higher prices as businesses pass the costs of tariffs onto buyers.
