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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
Tags: Donald Trump, tariff
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