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 imposed a 10% base tariff on all US imports, with higher rates on key products like steel (50%) and autos (25%).
New tariffs - some as high as 200% - are threatened on goods like pharmaceuticals, semiconductors, and movies.
Over 25 countries, including Malaysia, the EU, and Canada, face additional tariffs up to 50% starting August 1 if no new deals are made.

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% to take effect Aug. 1

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%

Brazil 50%

Brunei 25%

Canada 35%

Cambodia 36%

European Union 30%

Indonesia 32%

Iraq 30%

Japan 25%

Kazakhstan 25%

Laos 40%

Libya 30%

Malaysia 25%

Mexico 30%

Moldova 25%

Myanmar 40%

Philippines 20%

Serbia 35%

Sri Lanka 30%

South Africa 30%

South Korea 25%

Thailand 36%

Tunisia 25%