Trump launched a new wave of duties
World
Starting August 1st, the US is introducing a sharp increase in tariffs - up to 40% - on imports from 14 countries, including Kazakhstan, Serbia, Japan, and South Korea. Donald Trump, who has returned to the center of global trade policy, is increasing pressure on partners, threatening retaliatory measures for any resistance.
US President Donald Trump announced the introduction of new trade duties on goods from 14 countries starting August 1, 2025. This was another step in escalating the trade war he had started earlier this year.
According to statements published on the Truth Social platform, the US introduces:
Previously announced industry tariffs - for example, for steel, cars, and aluminum - are not included in this list and will be charged separately.
Trump warned that any country that decides to respond with similar measures will automatically face doubled tariffs. In his letters to the countries, he left the door open for negotiations, however, he noted that the deadline - August 1 - is "strict, but not 100%."
Trump also threatened BRICS countries - including China, India, Brazil, and Russia - with additional 10% tariffs for "anti-American policy."
US Treasury Secretary Scott Bessent promised a series of new trade announcements in the coming days. So far, only agreements have been officially concluded with Great Britain and Vietnam. Negotiations with China are ongoing, their deadline is August 12.
According to statements published on the Truth Social platform, the US introduces:
- 25% of the duty - for Japan, South Korea, Tunisia, Malaysia and Kazakhstan
- 30% - for South Africa, Bosnia and Herzegovina
- 32% - for Indonesia
- 35% - for Serbia and Bangladesh
- 36% - for Thailand and Cambodia
- 40% - for Laos and Myanmar
Previously announced industry tariffs - for example, for steel, cars, and aluminum - are not included in this list and will be charged separately.
Trump warned that any country that decides to respond with similar measures will automatically face doubled tariffs. In his letters to the countries, he left the door open for negotiations, however, he noted that the deadline - August 1 - is "strict, but not 100%."
Trump also threatened BRICS countries - including China, India, Brazil, and Russia - with additional 10% tariffs for "anti-American policy."
US Treasury Secretary Scott Bessent promised a series of new trade announcements in the coming days. So far, only agreements have been officially concluded with Great Britain and Vietnam. Negotiations with China are ongoing, their deadline is August 12.
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