President Trump Announces Revised Reciprocal Tariffs on Imports from Dozens of Countries

In a significant policy shift aimed at recalibrating U.S. trade relations, President Donald Trump has issued an executive order modifying reciprocal tariff rates on a wide range of imports. The revised tariffs, some reaching up to 41%, will come into effect on August 7, seven days from the date of the order.

Invoking emergency powers, the U.S. President stated that the adjustments are intended to address persistent trade imbalances with several key partners. The announcement came just hours ahead of the U.S. trade deadline on August 1.

As part of this order, reciprocal tariffs have been renegotiated for multiple countries under existing and pending trade agreements. Some nations—such as Brazil—will face cumulative tariffs that include both reciprocal and additional duties.

A senior White House official, speaking exclusively to CNBC-TV18, confirmed that the new tariff schedule will be implemented as planned on August 7.

Adjusted Reciprocal Tariff Rates on U.S. Imports (Effective August 7):

• Afghanistan – 15%

• Algeria – 30%

• Angola – 15%

• Bangladesh – 20%

• Bolivia – 15%

• Bosnia and Herzegovina – 30%

• Botswana – 15%

• Brazil – 10% (plus additional tariffs)

• Brunei – 25%

• Cambodia – 19%

• Cameroon – 15%

• Chad – 15%

• Costa Rica – 15%

• Côte d’Ivoire – 15%

• Democratic Republic of the Congo – 15%

• Ecuador – 15%

• European Union – 0% to 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%

These tariff adjustments mark a pivotal moment in U.S. trade policy, reflecting the administration's continued push to enforce what it calls "fair and reciprocal" trading terms with global partners.Let me know if you’d like a summarized version or one translated into Malayalam for print or publication.