Zimbabwe Drops US Tariffs in Response to Trump's Trade Move

» Published: April 06 2025 at 11:01

Zimbabwe Drops US Tariffs in Response to Trump's Trade Move
Photo: Tsvangirayi Mukwazhi/AP/TT

Zimbabwe has decided to meet President Donald Trump halfway. The country will remove all tariffs on goods imported from the USA after Trump announced 18-percent tariffs against the African country. This was announced by the country's President Emmerson Mnangagwa on X.

Zimbabwe, with its large mineral resources, has very limited trade with the USA, with total trade between the two countries amounting to 111.6 million dollars in 2024.

At the same time, Vietnam has contacted the USA to request a 45-day reprieve regarding the tariffs affecting the country's exports. In Vietnam, several large American retail companies, such as the sports company Nike, have significant production.

Tags

TT News AgencyT
By TT News Agency - Translated and adapted by Sweden Herald under license from TT News Agency

More news

Poland Proposes New European Defence
1 MIN READ

Poland Proposes New European Defence Fund to Boost Regional Security

Northvolt Subsidiary's Unused Equipment Heads
1 MIN READ

Northvolt Subsidiary's Unused Equipment Heads to Auction Block

Germany's Industrial Output Drops More
1 MIN READ

Germany's Industrial Output Drops More Than Expected in February

Swedbank Predicts Swedish Central Bank
1 MIN READ

Swedbank Predicts Swedish Central Bank to Cut Interest Rates Again

Swedish Central Bank Poised for
1 MIN READ

Swedish Central Bank Poised for Rate Cut in Response to Tariffs

European Markets Tumble as Stockholm
1 MIN READ

European Markets Tumble as Stockholm and Frankfurt Lead Declines

Nordea Economist Seeks US Economic
2 MIN READ

Nordea Economist Seeks US Economic Slowdown to Counter Tariffs

EU Considers Tariffs on US
3 MIN READ

EU Considers Tariffs on US Goods: Alcohol, Tech, and More at Risk

National Debt Office Warned of
1 MIN READ

National Debt Office Warned of Northvolt's Risks Before Bankruptcy

Global Markets Tumble as Asian
2 MIN READ

Global Markets Tumble as Asian Stocks Dive After Tariff Clash

Trump on Market Turmoil: Tariffs
2 MIN READ

Trump on Market Turmoil: Tariffs Are the Necessary Medicine

Wall Street Braces for Sharp
1 MIN READ

Wall Street Braces for Sharp Decline After Tariff Announcement

Economist Warns US Tariffs Echo
2 MIN READ

Economist Warns US Tariffs Echo 1930s Trade War Risks

China Braces for Market Turmoil
2 MIN READ

China Braces for Market Turmoil as Stock Exchanges Reopen

Experts Predict Ongoing Stock Market
3 MIN READ

Experts Predict Ongoing Stock Market Volatility as Trade Tensions Rise

Maximize Your Tax Refund: Smart
3 MIN READ

Maximize Your Tax Refund: Smart Tips for Financial Gains

EU Tariffs on US Goods:
3 MIN READ

EU Tariffs on US Goods: Are They Really Unfair?

Over 50 Nations Seek Tariff
2 MIN READ

Over 50 Nations Seek Tariff Talks as US Markets React to New Policies

French PM Warns Trump's Tariffs
1 MIN READ

French PM Warns Trump's Tariffs Threaten France's Economy and Jobs

When to Sell: Expert Tips
2 MIN READ

When to Sell: Expert Tips for Navigating the Stock Market Slump

JP Morgan Warns of US
1 MIN READ

JP Morgan Warns of US Recession Under Trump, Predicts GDP Decline

Musk Advocates for US-Europe Free
1 MIN READ

Musk Advocates for US-Europe Free Trade Zone

Dousa Prioritizes Negotiations Over Retaliation
3 MIN READ

Dousa Prioritizes Negotiations Over Retaliation in EU-US Tariff Dispute

Record Number of Apartments for
2 MIN READ

Record Number of Apartments for Sale in Sweden's Housing Market

Jaguar Land Rover Halts US
1 MIN READ

Jaguar Land Rover Halts US Deliveries in Response to Tariffs

US Imposes 10 Percent Tariffs,
3 MIN READ

US Imposes 10 Percent Tariffs, Sparking Global Market Concerns

Coffee Prices Set to Surge
2 MIN READ

Coffee Prices Set to Surge Next Week Due to Poor Harvests

Trump's Tariffs Derail Tiktok Deal
1 MIN READ

Trump's Tariffs Derail Tiktok Deal for US Control

US Tariffs Challenge Swedish Firms,
3 MIN READ

US Tariffs Challenge Swedish Firms, Sparking Concerns and Opportunities

Netanyahu Heads to Washington for
1 MIN READ

Netanyahu Heads to Washington for Key Tariff Talks with Trump

US Stock Market Plummets $54
1 MIN READ

US Stock Market Plummets $54 Billion in Two Days Amid Trade Tensions

Trump Extends TikTok Sale Deadline
1 MIN READ

Trump Extends TikTok Sale Deadline by 75 Days

Nintendo Delays Switch 2 Pre-Orders
1 MIN READ

Nintendo Delays Switch 2 Pre-Orders in US Over Tariff Concerns

Klarna Delays US Stock Listing
1 MIN READ

Klarna Delays US Stock Listing Citing Market Uncertainty

US Stock Market Tumbles as
2 MIN READ

US Stock Market Tumbles as Tariff Tensions Escalate

Trump Pressures Fed to Cut
2 MIN READ

Trump Pressures Fed to Cut Rates as Powell Stands Firm on Inflation

US Job Growth Surpasses Expectations
1 MIN READ

US Job Growth Surpasses Expectations with 228,000 New Positions

Busch Urges Swedish Firms to
2 MIN READ

Busch Urges Swedish Firms to Stay Local Amid US Trade Uncertainty

Minister Warns of Global Trade
1 MIN READ

Minister Warns of Global Trade Impact as China Hits Back at US Tariffs

China Hits Back with 34%
2 MIN READ

China Hits Back with 34% Tariffs on US Goods, Files WTO Complaint