INTERNATIONAL
Trump's tariffs: What's in effect and what could be in store?
US President Donald Trump launched a global trade war with a 10% baseline tariff on all imports plus extra duties on specific products and countries. - REUTERS
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AI Brief
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
China - 30%, with additional tariffs on some products
Indonesia - 19%
Mexico - 25% for products not covered by USMCA
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%
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%
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AI Brief
- Trump imposed a global 10% baseline tariff on all US imports.
- He added extra tariffs targeting specific products and countries.
- These actions mark an aggressive shift in US trade policy.
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
China - 30%, with additional tariffs on some products
Indonesia - 19%
Mexico - 25% for products not covered by USMCA
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%
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%