President Trump signed an executive order shortly after 7 p.m. Eastern on July 31, 2025 in Washington D.C.
India faces a 25% tariff on exports to the
United States effective August 1, 2025.
Singapore is not specifically mentioned among
countries facing individual rates.
Taiwan faces a 20% tariff rate under the new
order.
South Africa faces a 30% reciprocal tariff.
Many Canadian goods will face an increased
tariff of 35%, up from 25%, due to Canada’s failure to curb fentanyl flows.
Brazil faces punitive tariffs totaling up to
50% on certain exports like coffee and meat.
Switzerland faces a 39% tariff on exports to
the United States.
A baseline 10% tariff applies to countries not
listed in the annex to the executive order.
Trump justified the measures citing U.S. trade
deficits and national security concerns, using emergency powers under IEEPA.
The tariffs are set to take effect in seven
days from signing, around August 1, 2025.
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