LONDON - President Donald Trump has revealed his Liberation Day tariffs. A baseline tariff of 10 percent will be imposed on every import.
Countries Trump considers the biggest violators are facing increased tariffs. Lesotho, a place that Trump once stated no one knows, will face tariffs of 50%.
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South Africa has been hit with 30% ,Import duties of 20% will be imposed on goods from the EU, while the UK has the lowest rate of 10 percent.
According to Olly Barratt, a UK correspondent, the UK government will meet with company executives to discuss ways to boost support for various industries that may be hurt by tariffs.