The nations written to up to now (within the order listed by the White Home) are: Japan, which is going through a 25% tariff; 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%).
In some situations, nations can be topic to a revised reciprocal tariff charge that’s decrease than the speed initially introduced on 2 April. For others, the reciprocal tariff charge could also be larger than the earlier charge.
Trump has additionally signed an government order figuring out that sure tariff charges, which have been initially set to run out on 9 July, will expire on 1 August, 2025.
Since Trump modified tariff charges roughly 90 days in the past, dozens of nations have agreed or provided to decrease their tariff charges and remove non-tariff limitations, the White Home stated in a the replace entitled “Retaining America within the Driver’s Seat”.
The President could ship extra letters within the coming days and weeks, it added.
“International locations that aren’t severe about addressing the tariff and non-tariff commerce limitations that impede American exports and hurt American staff, farmers, and companies are going through the results,” the replace said.
