U.S. President Donald Trump on Monday announced that the United States will impose a 25% tariff on goods imported from Kazakhstan, starting on 1st August. The letter addressed to Kazakhstan's President Kassym-Jomart Tokayev was published on the Truth Social platform.
"Our relationship has been, unfortunately, far from reciprocal. Starting on August 1, 2025, we will charge Kazakhstan a tariff of only 25%, on any and all Kazakh products sent to the United States, separate from all sectoral tariffs," the letter reads.
In his letter, President Trump warned that if Kazakhstan decides to raise tariffs, then, 'whatever the number you choose to raise them by, will be added onto the 25% that we charge.'
However, no tariff will be imposed if Kazakhstan or Kazakh companies intend to manufacture products within the United States.
"Please undestand that these Tariffs are necessary to correct the many years of Kazakhstan's Tariff and Non Tariff, Policies and Trade Barriers, causing these unsustainable Trade Deficits against the United States. The Deficit is a major threat to our Economy and, indeed, our National Security!," U.S. President stressed in the letter.
At the same time, he added that these tariffs may be 'modified, upward or downward,' depending on Kazakhstan's 'wish to open your heretofore closed Trading Markets to the United States' and eliminate tariffs and trade barries.
Iran and Russia held a meeting in Tehran between their special representatives for the Caspian Sea issues focusing on environment protection and promo...
Hate speech targeting Muslims and Christians in India surged by 74% in 2024, driven by election-season rhetoric and unrest in neighboring Bangladesh, ...
At least 19 people were killed and 16 injured as two buildings collapased in Morocco's Fes city according to the state news agency....
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 10th of December, covering the latest developments you need to...
The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are pres...
Ukrainian President Volodymyr Zelenskyy said on Tuesday he was prepared to hold elections within three months if the U.S. and Kyiv's other allies could ensure the security of the vote.
Israel and U.S. are set to discuss the next phases of the Gaza ceasefire plan on 29 December according to the Israeli Prime Minister's office.
Ukraine will hand the United States a revised 20 point peace plan on Tuesday, as President Volodymyr Zelenskyy and key European leaders work to steer Washington’s ceasefire framework away from concessions they fear could lock in Russian territorial gains.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
Authorities in Japan lifted all tsunami warnings on Tuesday following a strong 7.5-magnitude earthquake that struck off the northeastern coast late on Monday, injuring at least 30 people and forcing around 90,000 residents to evacuate their homes.
Pressure is mounting between Venezuela and the United States as both nations emphasise military preparedness and strategic positioning.
Tehran has protested to Washington because of the travel ban on its football team delegation as well as Iranian fans who would like to travel to the United States for the upcoming World Cup matches in 2026.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
Iran and Russia held a meeting in Tehran between their special representatives for the Caspian Sea issues focusing on environment protection and promotion of trade as well as the upcoming summit meeting of the Caspian Sea littoral states next year.
Türkiye’s Minister of Energy and Natural Resources, Alparslan Bayraktar, outlined the country’s energy and gas sector developments at the 15th Türkiye Energy Summit in Istanbul, moving away from its dependence on Russian energy.
A second aid ship carrying 10,080 tents provided by Türkiye's Disaster and Emergency Management Authority (AFAD) is on its way after departing from Mersin International Port in the south of the country on 6 December to help address the ongoing humanitarian crisis in Sudan.
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
Kazakhstan has begun redirecting part of its crude exports, sending oil from the Kashagan field to China for the first time.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment