https://www.taxtmi.com/news?id=39608 The United States implemented a program of import tariffs framed as reciprocal duties to rebalance trade and repatriate production, applying varied rates across multiple countries and sectors-particularly affecting apparel, footwear and high-export economies in South and Southeast Asia. Foreign governments and industries responded with diplomatic protests, requests for exemptions, negotiation overtures, and preparedness for countermeasures, while officials warned of inflationary effects, supply-chain disruption and challenges to the multilateral trade system. en-us Thu, 03 Apr 2025 16:46:03 +0530 Thu, 03 Apr 2025 16:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39608 The United States implemented a program of import tariffs framed as reciprocal duties to rebalance trade and repatriate production, applying varied rates across multiple countries and sectors-particularly affecting apparel, footwear and high-export economies in South and Southeast Asia. Foreign governments and industries responded with diplomatic protests, requests for exemptions, negotiation overtures, and preparedness for countermeasures, while officials warned of inflationary effects, supply-chain disruption and challenges to the multilateral trade system. News - Thu, 03 Apr 2025 16:46:03 +0530 https://www.taxtmi.com/news?id=39608