While US President Donald Trump imposed on India 25% tariff plus a “penalty” if New Delhi buys fuel and military hardware from Russia, he imposed lower tariffs on more than 50 countries, including Pakistan and Bangladesh. See the list here.
Donald Trump, President, US (File Image)
While US President Donald Trump imposed on India 25% tariff plus a “penalty” if New Delhi buys fuel and military hardware from Russia, he imposed lower tariffs on more than 50 countries, including Pakistan and Bangladesh. He also signed trade deals with significant partners like the European Union, Japan and South Korea. While Mexico was given another 90 days, China faces an August 12 deadline to sign a deal with the US. The US president issued an order Thursday imposing import duty rates from 10% to 41% on 69 trading partners, beginning August 7.
Canada
Donald Trump issued a separate order for Canada, raising the tariff rate from 25% to 35% and said that the second-largest US trading partner after Mexico had “failed to cooperate” in curbing fentanyl flows into the US.
Mexico
While a 90-day window was offered to Mexico to reach a trade deal, the president said the US would continue to levy a 50% tariff on Mexican steel, aluminium and copper and a 25% tariff on Mexican autos. He avoided a 30% tariff on most Mexican non-automotive and non-metal goods compliant with the US-Mexico-Canada Agreement.
China
Though the US and China have reached an agreement on most of the contentious issues, the deal is yet to be signed and further actions loom large if Beijing fails to sign the deal by August 12.
Brazil
After Brazil refused to stop the prosecution of Trump’s friend and former President Jair Bolsonaro, the US President imposed a massive 50% tariff on the goods coming from this Latin American country. However, he softened his stand and excluded sectors like aircraft, energy and orange juice from higher tariffs.
Complete Tariff List
ANNEX I
	
		
			
				Countries and Territories
				Reciprocal Tariff, Adjusted
			
		
		
			
				Afghanistan
				15%
			
			
				Algeria
				30%
			
			
				Angola
				15%
			
			
				Bangladesh
				20%
			
			
				Bolivia
				15%
			
			
				Bosnia and Herzegovina
				30%
			
			
				Botswana
				15%
			
			
				Brazil
				10%
			
			
				Brunei
				25%
			
			
				Cambodia
				19%
			
			
				Cameroon
				15%
			
			
				Chad
				15%
			
			
				Costa Rica
				15%
			
			
				Côte d`Ivoire
				15%
			
			
				Democratic Republic of the Congo
				15%
			
			
				Ecuador
				15%
			
			
				Equatorial Guinea
				15%
			
			
				European Union: Goods with Column 1 Duty Rate[1] > 15%
				0%
			
			
				European Union: Goods with Column 1 Duty Rate 
				15% minus Column 1 Duty Rate
			
			
				Falkland Islands
				10%
			
			
				Fiji
				15%
			
			
				Ghana
				15%
			
			
				Guyana
				15%
			
			
				Iceland
				15%
			
			
				India
				25%
			
			
				Indonesia
				19%
			
			
				Iraq
				35%
			
			
				Israel
				15%
			
			
				Japan
				15%
			
			
				Jordan
				15%
			
			
				Kazakhstan
				25%
			
			
				Laos
				40%
			
			
				Lesotho
				15%
			
			
				Libya
				30%
			
			
				Liechtenstein
				15%
			
			
				Madagascar
				15%
			
			
				Malawi
				15%
			
			
				Malaysia
				19%
			
			
				Mauritius
				15%
			
			
				Moldova
				25%
			
			
				Mozambique
				15%
			
		
	
	
		
			
				Myanmar (Burma)
				40%
			
			
				Namibia
				15%
			
			
				Nauru
				15%
			
			
				New Zealand
				15%
			
			
				Nicaragua
				18%
			
			
				Nigeria
				15%
			
			
				North Macedonia
				15%
			
			
				Norway
				15%
			
			
				Pakistan
				19%
			
			
				Papua New Guinea
				15%
			
			
				Philippines
				19%
			
			
				Serbia
				35%
			
			
				South Africa
				30%
			
			
				South Korea
				15%
			
			
				Sri Lanka
				20%
			
			
				Switzerland
				39%
			
			
				Syria
				41%
			
			
				Taiwan
				20%
			
			
				Thailand
				19%
			
			
				Trinidad and Tobago
				15%
			
			
				Tunisia
				25%
			
			
				Turkey
				15%
			
			
				Uganda
				15%
			
			
				United Kingdom
				10%
			
			
				Vanuatu
				15%
			
			
				Venezuela
				15%
			
			
				Vietnam
				20%
			
			
				Zambia
				15%
			
			
				Zimbabwe
				15%