This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press – Rabat
US President Donald Trump announced today, on Wednesday, at the event of the “Liberation Day” in the White House on Wednesday, the taxation of customs tasks on the countries of the world, with different ratios between these countries.
Trump stressed that the lowest cost percentage will be 10%, while higher proportions have been imposed on certain countries according to its trade relations with the United States.
The least damaged Morocco: 10%
A 10% customs rate was imposed in Morocco, being the only country in Africa to benefit from the lowest cost percentage in this context.
The reason is due to the free trade agreement that Morocco signed with the United States in 2005, an agreement that had paved the way for deep commercial cooperation between the two countries, which offered special trade benefits from Morocco compared to the rest of the region.
Customs tasks on Algeria: 30%
As part of the measures announced by Trump, the United States has imposed a customs rate on Algeria up to 30%.
This percentage is one of the highest proportions prescribed in the package of new customs tasks, which makes Algeria among the most affected countries of these measures.
In the context of this policy, it appears that the United States aims to restructure global trade sales and ensure the protection of its local industry against external competitions, emphasizing the countries it deems harmful to its commercial interests.
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