Trump's tariffs: What's in effect and what could be in store?

WASHINGTON: U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries.

AI Brief

Trump set a 10% base tariff on all imports and higher rates on key goods like steel (50%), autos (25%), and semiconductors (25%).
Additional product tariffs are threatened, including 200% on pharmaceuticals and 100% on movies.
Tariffs are in effect or planned against many countries, with new ones on 20 nations, including Malaysia, set for August 1.

Trump has set a baseline tariff of 10% on all imports to the United States, as well as additional duties on certain products or countries.

Here is a list of targeted tariffs he has implemented or threatened to put in place.

PRODUCT TARIFFS IN EFFECT

Steel and aluminum - 50%

Autos and auto parts - 25%

PRODUCT TARIFFS - THREATENED

Copper - 50%

Pharmaceuticals - up to 200%

Semiconductors - 25% or higher

Movies - 100%

Timber and lumber

Critical minerals

Aircraft, engines and parts

COUNTRY TARIFFS IN EFFECT

Canada - 10% on energy products, 25% for other products not covered by the U.S.-Canada-Mexico Agreement

Mexico - 25% for products not covered by USMCA

China - 30%, with additional tariffs on some products

United Kingdom - 10%, with some auto and metal imports exempt from higher global rates

Vietnam - 20% for some products, 40% on transshipments from third countries

COUNTRY TARIFFS THREATENED TO TAKE EFFECT AUGUST 1

Algeria 30%

Bangladesh 35%

Bosnia and Herzegovina 30%

Brunei 25%

Cambodia 36%

Indonesia 32%

Iraq 30%

Japan 25%

Kazakhstan 25%

Laos 40%

Libya 30%

Malaysia 25%

Moldova 25%

Myanmar 40%

Philippines 20%

Serbia 35%

Sri Lanka 30%

South Africa 30%

South Korea 25%

Thailand 36%

Tunisia 25%