Zimbabwe is set to become the first country to officially fold on the US’s new global tariffs, with its president saying he will suspend the nation’s own taxes on American goods to foster “a positive relationship.”
“In the spirit of constructing a mutually beneficial and positive relationship with the United States of America, I will direct the Zimbabwean government to implement a suspension of all tariffs levied on goods originating from the United States,’’ Zimbabwe President Emmerson Mnangagwa wrote on X on Saturday — just days after the US imposed 18% tariffs on its exports, mainly tobacco and rice, to America.
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