Uruguay faces a 12.5% US tariff as its foreign ministry weighs the implications
The measure, which took effect on Friday, raises the rate that had applied to the country since February, of 10%. Sources at the Foreign Ministry confirmed the decision and said its implications are being analyzed, while noting that the outcome “was within expectations,” given that the Office of the US Trade Representative (USTR) had announced the start of the investigation in March and released its proposal in June. The Ministry of Economy and Finance confirmed the move from 10% to 12.5%.
- ▪The measure, which took effect on Friday, raises the rate that had applied to the country since February, of 10%.
- ▪Sources at the Foreign Ministry confirmed the decision and said its implications are being analyzed, while noting that the outcome “was within expectations,” given that the Office of the US Trade Representative (USTR) had announced the star
- ▪The Ministry of Economy and Finance confirmed the move from 10% to 12.5%.
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Uruguay faces a 12.5% US tariff as its foreign ministry weighs the implications Friday, July 24th 2026 - 07:05 UTC Full article 0 comments (adsbygoogle = window.adsbygoogle || []).push({}); Sources at the Foreign Ministry confirmed the decision and said its implications are being analyzed, while noting that the outcome “was within expectations” Uruguay was placed in the highest band of the new US tariff scheme, with an additional 12.5% levy on its exports to the United States, for not having an explicit ban on the import of goods produced with forced labor. The measure, which took effect on Friday, raises the rate that had applied to the country since February, of 10%.
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