Trump Sets New Reciprocal Tariff Rates for 14 Countries Beginning Aug. 1

  • FLASH NEWS
  • New Reciprocal Tariff Rates

Washington, DC, 8 JULY, 2025 – Today, President Donald J. Trump signed an Executive Order determining that certain tariff rates, which were initially set to expire on July 9, will expire on August 1, 2025.

Today, President Donald J. Trump signed an Executive Order determining that certain tariff rates, which were initially set to expire on July 9, will expire on August 1, 2025. President Trump also sent tariff letters to many countries informing them of their new reciprocal tariff rates, which will take effect on August 1.

President Trump took these actions based on information and recommendations from senior officials, including information on the status of trade negotiations.
  • Since President Trump modified the tariff rates roughly 90 days ago, dozens of countries have agreed or offered to lower their tariff rates and eliminate non-tariff barriers to move toward a more balanced trade relationship with the United States.
  • Notwithstanding this significant and historic progress, the U.S. trade deficit remains severe.
  • While the United States is open to additional trade discussions and deals, President Trump is taking action to establish trade relations going forward.

President Trump sent letters to many countries explaining that, starting August 1, they will be subject to new reciprocal tariff rates designed to make the terms of our bilateral trade relationships more reciprocal over time and to address the national emergency caused by the massive U.S. goods trade deficit.

  • In some instances, countries will be subject to a revised reciprocal tariff rate that is lower than the rate initially announced on April 2.
  • For others, the reciprocal tariff rate may be higher than the previous rate.
The President may send more letters in the coming days and weeks. The countries he sent letters to today include:
  • Japan (25%)
  • Korea (25%)
  • South Africa (30%)
  • Kazakhstan (25%)
  • Laos (40%)
  • Malaysia (25%)
  • Myanmar (40%)
  • Tunisia (25%)
  • Bosnia and Herzegovina (30%)
  • Indonesia (32%)
  • Bangladesh (35%)
  • Serbia (35%)
  • Cambodia (36%)
  • Thailand (36%)

All other countries not listed will revert to the duties issued on April 9th, with the exception of China. China's reduced rate expires August 9th at which time the new rate will be announced.

If the President issues another pause for another country or the remaining countries before the end of the day, we will promptly advise you.

The official posting of the proposed expansions may be found here.


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