levy

The U.S. levies are now in the range of 30% to 50% on Chinese imports—higher than the levels negotiated with Vietnam, Japan and Indonesia.

Higher costs because of tariffs have weighed on investor sentiment, but the damage from the levies has been less than feared.

Imports above that quota would face a 50% levy, double what the EU currently charges.

Including existing tariffs, U.S. levies on India’s apparel exports cross 60%, far higher than duties on competitors such as Vietnam and Bangladesh.

Based on what’s happening in the black market for oil, the White House’s new import levy on India is backfiring.