Panama uses the US Dollar as currency, I believe its a throwback to when the US had total control of the Panama Canal.
Prices up
- Thread starter Andyroo
- Start date
It hard to keep up with the reality behind the current tariff wars.
I asked Google: what countries were exempt from the 10% tariff in April
It says no countries were exempt, even though Mexico and Canada initially were.
Then it says the tariffs started April 5th, then were put on 90 day suspension on April 9th.
That is not to deny that there are tariffs applied to come countries, but the previously mentioned 10% does not appear to be in effect.
I did other searches asking about Panama specific tariffs and got the response that US and Panama have duty free trade on almost all goods.
Again, the truth of these things are hard to follow, as many news outlets are very eager to make false claims and omit factual truths.
I asked Google: what countries were exempt from the 10% tariff in April
It says no countries were exempt, even though Mexico and Canada initially were.
Then it says the tariffs started April 5th, then were put on 90 day suspension on April 9th.
That is not to deny that there are tariffs applied to come countries, but the previously mentioned 10% does not appear to be in effect.
I did other searches asking about Panama specific tariffs and got the response that US and Panama have duty free trade on almost all goods.
Again, the truth of these things are hard to follow, as many news outlets are very eager to make false claims and omit factual truths.
