US President Donald Trump sparked fresh controversy on Thursday by signing an executive order imposing new tariffs of up to 41% on imports from dozens of countries. Citing emergency powers, Trump claimed the move is aimed at reducing the nation’s trade deficits with key partners.
The increase in tariffs on Canadian goods to 35% threatens to further strain an already tense trade relationship. Meanwhile, Thailand and Cambodia despite reportedly reaching last-minute agreements were still hit with a 19% duty. In contrast, Mexico was granted a 90-day extension to continue negotiating improved trade terms.
The White House also confirmed that the “universal” tariff will remain at 10%, consistent with the rate set on April 2. However, countries running trade surpluses with the US now face elevated tariffs of 15% or more, as President Trump pushes forward with his broader effort to overhaul international trade dynamics.
New Zealand is planning to seek a review of the 15% tariff imposed on its exports to the United States.
According to the White House, the new tariffs will take effect on August 7, presenting a new challenge for the global economy and putting the resilience of US alliances to the test.
In certain cases such as with Brazil additional tariffs may apply on top of the reciprocal rates outlined.
Here are the newly adjusted reciprocal tariff rates on US imports, announced by President Trump ahead of the August 1 deadline for reaching negotiated trade agreements.
Afghanistan 15%
Algeria 30%
Angola 15%
Bangladesh 20%
Bolivia 15%
Bosnia and Herzegovina 30%
Botswana 15%
Brazil 10%
Brunei 25%
Cambodia 19%
Cameroon 15%
Chad 15%
Costa Rica 15%
Côte d`Ivoire 15%
Democratic Republic of the 15%
Congo
Ecuador 15%
European Union 0%–15%
Equatorial Guinea 15%
Falkland Islands 10%
Fiji 15%
Ghana 15%
Guyana 15%
Iceland 15%
India 25%
Indonesia 19%
Iraq 35%
Israel 15%
Japan 15%
Jordan 15%
Kazakhstan 25%
Laos 40%
Lesotho 15%
Libya 30%
Liechtenstein 15%
Madagascar 15%
Malawi 15%
Malaysia 19%
Mauritius 15%
Moldova 25%
Mozambique 15%
Myanmar (Burma) 40%
Namibia 15%
Nauru 15%
New Zealand 15%
Nicaragua 18%
Nigeria 15%
North Macedonia 15%
Norway 15%
Pakistan 19%
Papua New Guinea 15%
Philippines 19%
Serbia 35%
South Africa 30%
South Korea 15%
Sri Lanka 20%
Switzerland 39%
Syria 41%
Taiwan 20%
Thailand 19%
Trinidad and Tobago 15%
Tunisia 25%
Turkey 15%
Uganda 15%
United Kingdom 10%
Vanuatu 15%
Venezuela 15%
Vietnam 20%
Zambia 15%
Zimbabwe 15%
(With agency inputs)
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