Key Points
Countries that are not listed in the latest order will face an additional duty of 10%.
The modified rates will be effective concerning goods “entered for consumption on or after 12:01 a.m. eastern daylight time 7 days after the date of the order,” with some exceptions.
U.S. President Donald Trump points a finger as he delivers remarks in the Roosevelt Room at the White House in Washington, D.C., U.S., July 31, 2025.
U.S. On Thursday, President Donald Trump issued a government order that amended “reciprocal” price lists on dozens of countries, decreasing responsibilities by means of 10% to 41%. According to the White House, there might be a further tariff of forty percent on all items that are deemed to have been transshipped to avoid applicable obligations. According to the order, nations that are not covered on the most recent list might be difficulty to a further responsibility of 10%. The tariffs imposed by way of the preceding executive order, which were issued in April, are modified by using the up-to-date directive. The modified rates can be powerful with appreciate to items “entered for intake on or after 12:01 a.m. Japanese daylight hours time 7 days after the date of the order,” with a few exceptions.
According to the government order, buying and selling partners that have reached or are close to accomplishing exchange and security agreements with the USA will be issue to the changed costs until those agreements are concluded. Trump executed his plan to increase price lists on exports from Canada from 25% to 35% beginning Friday, aside from goods included in the free trade agreement among the United States, Mexico, and Canada that he signed for the duration of his first time period.