“Georgia, as part of the South Caucasus, received a basic 10 per cent tariff. In this regard, we stand clear before the Americans, since if you look at our trade turnover, imports are slightly above 90 per cent,” stated Levan Makhashvili, the European Integration Committee chair.

“We warned that the U.S. President would initiate a new tariff war, using trade policy to further his political and economic objectives. The reality is that when Trump launched these tariff wars, he had two main goals: to bolster the American economy and assert its dominance on the global stage, even at the expense of weakening its trade partners. This is the stark reality we confront—one that is neither new nor unexpected.

Georgia, like other nations in the South Caucasus, has been subjected to a basic 10 per cent tariff. In this context, we present a clear case to the Americans. Our trade turnover reveals that imports exceed 90 per cent, while exports, which are now subject to tariffs, account for only 10 per cent. The underlying reason for Trump’s trade policy lies in this imbalance, where foreign countries have been taking undue advantage of America’s relatively lenient approach,” Levan Makhashvili emphasized.

The tariffs imposed by U.S. President Donald Trump on various countries range from 10% to 49%. Additionally, Trump imposed 20% tariffs on the European Union and 10% tariffs on Great Britain. As the U.S. President noted, the tariffs will help restore the U.S. economy. Trump also imposed a 25% tariff on all foreign-manufactured automobiles.