President Donald Trump within the Oval Workplace of the White Home in Washington, Aug. 6, 2025.
Bonnie Money/UPI/Bloomberg through Getty Photos
After months of coverage pivots, delays and negotiations from President Donald Trump, dozens of key U.S. buying and selling companions have been hit Thursday with “reciprocal” tariffs on their exports to the nation.
“IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!” Trump wrote on social media platform Reality Social.
However even because the duties, which have been up to date simply final week, kick in, a lot uncertainty stays.
Beneath is an inventory of the most recent tariffs, with the usadministration stating that each one different international locations face a blanket 10% tariff charge:
Varied international locations — akin to Switzerland — are nonetheless vying for a take care of the U.S. to decrease the levies on their items. It comes after international locations and areas, together with the U.Okay., the European Union, Japan, South Korea, Vietnam, the Philippines and Indonesia, managed to strike commerce frameworks.
Others, although, are coping with important duties on prime of Trump’s reciprocal charge.
This consists of Brazil, which is going through a a lot greater complete charge after Trump declared that Brazilian authorities insurance policies have been a risk to the U.S. India, additionally, has been hit with elevated levies over its Russian oil purchases.
Each international locations at the moment are going through 50% tariffs on their items. India, nevertheless, nonetheless has a while earlier than the total charge kicks in, with tariffs at present at 25%.
Elsewhere, duties on U.S. neighbours Mexico and Canada have been in play lengthy earlier than the reciprocal tariff announcement. They’re at present going through levies of 25% and 35% respectively, with Mexico in limbo as Trump paused mountaineering tariffs on the nation to permit for negotiations.
China is one other outlier. After commerce tensions between the nation and the U.S. escalated sharply and drove tariffs into triple-digits, the buying and selling companions now seem to have achieved détente. Either side agreed to diminished tariffs in Could, with the truce on account of final till Aug. 12. Within the meantime, China is going through 30% tariffs.
