"We have small margins," said Suparp. He said they could still manage with tariffs up to 20% or even 25% by cutting costs. When he spoke to the BBC, before the deal was announced, he said the uncertainty was the biggest challenge: "Please - to our government, just get the deal, so we can plan our business."

President Donald Trump’s “liberation day” tariffs — part 2 — are slated to become effective on Aug. 1. Meanwhile, Trump is getting trade deals from Europe, Japan and the U.K., marked by promises of new investment in U.