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April 3, 2025 | 6 months ago

Algeria affected by new US import taxes

Algerian exports to the United States will henceforth be subject to 30% customs duties, according to the Trump administration's recent decision to introduce reciprocal taxes on products imported from over 180 countries. This measure, part of Washington's drive to rebalance its trade balance, could affect some Algerian export sectors.

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Algeria is among the hardest-hit countries in the Maghreb, with a rate higher than that imposed on Morocco (10%). Only Tunisia is penalized more, with a tax of 28%, which Washington justifies as a response to the high tariffs Tunis applies to American products.

 

A decision with worldwide repercussions

 

Beyond the Maghreb, several countries are subject to even heavier taxes, including Cambodia (49%), Vietnam (46%) and China (34%). The European Union is also affected, with an overall tariff of 20%, while Switzerland is taxed 31%.

 

In the Arab world, taxation varies from country to country. Saudi Arabia, the United Arab Emirates and Egypt are relatively spared, with a rate of 10%, while Iraq and Libya are subject to taxes of 39% and 31% respectively.

 

An electoral strategy

 

This decision comes as Donald Trump prepares to run for president in 2028. By stepping up his protectionist trade policy, he sought to appeal to the American electorate by putting forward a rhetoric focused on defending America's economic interests.

 

The announcement had impacted the markets, causing the dollar to fall against the euro and sterling. In the medium term, these new tariff barriers could redefine international trade flows and heighten economic tensions between the United States and its trading partners.

April 5, 2025 | algeria-logo