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Trump's higher tariff rates for countries compared to April 2 rates


Trump's higher tariff rates for countries compared to April 2 rates

US President Donald Trump issued new letters on Wednesday notifying countries of higher tariff rates as he continues his "America First" policies and reorders global trade.

Following is a list of countries and new tariff rates announced this week, compared to rates set on April 2. Trump later suspended all but 10% of the April 2 rates until July 9 to allow more time for negotiation. That deadline has now slipped to August 1.

  • Algeria 30% (30%)
  • Bangladesh 35% (37%)
  • Bosnia and Herzegovina 30% (35%)
  • Brunei 25% (24%)
  • Cambodia 36% (49%)
  • Indonesia 32% (32%)
  • Iraq 30% (39%)
  • Japan 25% (24%)
  • Kazakhstan 25% (27%)
  • Laos 40% (48%)
  • Libya 30% (31%)
  • Malaysia 25% (24%)
  • Moldova 25% (31%)
  • Myanmar 40% (44%)
  • Philippines 20% (17%)
  • Serbia 35% (37%)
  • South Africa 30% (30%)
  • South Korea 25% (25%)
  • Sri Lanka 30% (44%)
  • Thailand 36% (36%)
  • Tunisia 25% (28%)

— Reuters