&imwidth=800&imheight=600&format=webp&quality=medium "Trump slaps Syria with maximum 41 per cent tariff. Does it even export anything to US?")
US President Donald Trump imposed a new set of tariffs on its trading partners on Thursday (July 31). The ‘Liberation Day tariff’ that Trump imposed to punish countries using "unfair trade practices" saw Syria, including Brazil, Laos and Myanmar bear the maximum brunt. According to the list of trade duties shared by the White House, Syria is facing 41 per cent tariffs, while Laos and Myanmar have been imposed with 40 per cent levies.
The imposition of these new rates will come into effect from next Friday and not August 1, as announced earlier by the White House.
So, for a country like Syria that was embroiled in a civil war since 2011 until 2025 when a new government was formed under Ahmed al-Sharaa by ousting the Bashar al-Assad regime, what could have been the chances of Syrian trade with other countries, including US is something to ponder over.
Syria's trade data
Historically Syria exported items like petroleum, raw cotton, and textiles to the US but due to the civil war that lasted for over a decade and international sanctions, including from the US, the data currently available is scarce.
The textiles mills in Syria's Aleppo, Damascus, Homs, and Hama produced wool, cotton, and nylon that were reportedly exported. Fruits, vegetables, and cereal grains also constituted Syrian export before the start of civil war and international sanctions came into effect.
The US sanctions on Syria, restrict trade and investment, only allowing for certain exports, particularly in areas like reconstruction.
Trending Stories
&im=FitAndFill=(700,400))
Remembering Bharathiraja: 5 iconic films directed by the Tamil cinema legend
&im=FitAndFill=(700,400))
Do dark-coloured cars burn more fuel for AC in summer?
)
US 'completes' latest strikes in Iran after Trump claims Tehran asked him to stop bombing
)
Indian-origin Canadian police officer Tarun Bali killed in line of duty, teen charged with murder
)
Peddi Row: Leaked chats and make-up artist reveal Janhvi Kapoor objected to oversexualized shots, but was ignored
)
Taiwan-India ink academia-industry partnership on semiconductor-linked research
)
Trump says US going to hit Iran ‘very hard again today,’ reiterates he wants a deal
&im=FitAndFill=(700,400))
Beyond Strait of Hormuz: How the Oman-Gujarat deep-sea pipeline could transform India's energy imports
)
Why Nepal joins Japan in banning Indian Mango imports & how it could impact exporters
)
Israeli media claims $3 bn in Iranian assets transferred to Tehran amid ceasefire efforts
)
US-Iran War: Iranian Media Reports Explosions Near Strait Of Hormuz
)
Canada envoy Cooter says ties with India at ‘best moment ever’; energy, defence cooperation to accelerate
)
Tamil Nadu CM Vijay pays final respects to legendary filmmaker Bharathiraja
)
'Sign of desperation': Iran's President responds to Trump's 'very hard' strike threat
)
Bodies of six missing Naga men reach Imphal; police use tear gas as protests erupt outside mortuary
)
India summons US diplomat over strike on tanker off Oman; three Indian crew missing
&im=FitAndFill=(700,400))
Is it logically smarter to buy an electric car right now just to avoid fuel costs?
)
FIFA World Cup 2026: Will Neymar play in Brazil's opening match against Morocco? Here's what we know
&im=FitAndFill=(700,400))
Apache helicopter cost vs power: Is it worth millions per unit?
)
'Abduct Lebanese women, arrest children': Israeli minister's 'out-of-the-box' proposal to defeat Hezbollah sparks outrage
)
Trump tariff blowback: US refunds $22 billion in customs duties
)
Trump claims US is taking Iranian oil; his Energy Secretary doesn't know about it
)
Bill Gates 'deeply sorry' for Epstein ties; Here's what he revealed to lawmakers during closed door hearing
)
Iran hits American bases in Bahrain, Kuwait; declares Hormuz fully closed in retaliation for fresh US strikes
)
Old praise, new problems: Cockroach Janta Party spokesperson Saurav Das's 9-year-old tweet faces scrutiny
)
Why is Pranit More being called out for his latest show? Know all about the 'Rs 370 ki biryani' controversy
&im=FitAndFill=(700,400))
From Combat to Rescue: Why are US sea drones considered among the most advanced in the world
)
Russia proposes two-seater Su-57E variant and weapons integration to India
)
Bear on the loose in Japanese city forces closure of nearly 100 schools
)
China begins building $11.4 billion ‘world’s largest’ inland ship locks at Three Gorges Dam
&im=FitAndFill=(700,400))
Master of manoeuvring: This jet has never lost a dogfight?
)
Sweden’s Saab in ‘continuous’ talks with India for Gripen E fighter jets
)
‘Made in India’: First indigenous Airbus C-295 completes maiden test flight | WATCH
)
Iran War: India Summons US Envoy Over Vessel Attack
)
Trump, other world leaders congratulate PM Modi on completing 12 years in office
)
Trump’s ‘Naruto’ video sparks backlash and 20,000 file online petition in Japan
)
Belfast Erupts In Riots After Brutal Knife Attack Sparks Tensions
International sanctions have currently restricted Syrian trade. So, how much is the 41 per cent trade sanction imposed by US president Donald Trump going to impact Syria would need to be watched.
New Tariff Schedule Targets Dozens of Countries
The revised tariff schedule imposes additional duties on imports from over 80 countries and territories. Depending on each country’s trade behaviour and current duty rates under the Harmonized Tariff Schedule of the United States (HTSUS), new tariffs range from 10% to 41%. While India and Kazakhstan face a 25% duty, Laos and Myanmar are subject to 40% levies. South Korea, which has also struck a deal with US faces 15% tariff along with Japan. The European Union will face adjusted tariffs based on whether goods already carry a duty rate below or above 15%. South Africa, Syria, Libya, and Serbia face steep tariffs between 30% and 41%.
