Trump’s tariffs start to bite, driving US inflation up in June
US firms are trying to offshore the brunt of the impact to other regions
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US firms are trying to offshore the brunt of the impact to other regions
Some 80% of the goods produced at the facility are earmarked for export
A package of customs and property tax facilitation will be introduced in the coming weeks
The investigation could lead to new US tariffs on Egyptian rebar, adding pressure to Egypt’s struggling steel industry
Duties of up to 92.2% will apply for four months as part of growing trade frictions between the two countries
This is the first time that the export support program has been announced of the start of a fiscal year
The military-linked agency has reportedly secured two deals totaling 180k tons from French suppliers
The JV will first export nutritional supplements to the US, before expanding into sterile injectables, ophthalmics, and OTC meds
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