Imports and exports in general between Libya 🇱🇾 and the USA are almost negligible except for a small percentage. Since the days of the monarchy, Libya has relied on imports from Europe, Arab countries, and China.
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The Arab countries that are subject to countervailing duties from the United States vary in their rates, with Syria leading the list at 41%, followed by Iraq at 39%, and then Libya at 31%. Algeria comes with a rate of 30%, while a 28% duty is imposed on Tunisia, and 20% on Jordan.
As for the other Arab countries, such as Qatar, the UAE, Saudi Arabia, Egypt, Kuwait, Sudan, Yemen, Lebanon, Djibouti, Oman, Bahrain, and Morocco, they all fall under a unified rate of 10%. $BTC #TrumpTariffs #BinanceAlphaAlert
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