THE UNITED STATES ANNOUNCES A SERIES OF NEW IMPORT TARIFFS ON GLOBAL TRADING PARTNERS
The Trump administration has postponed the tariff implementation deadline to August 1 and announced a series of new tariffs on multiple countries, while warning that pressure will escalate if there is any retaliatory action.
Source: Irish Independent
On Monday, the Trump administration began sending letters to U.S. trade partners, notifying them that higher import tariffs could take effect starting August 1.
The 90-day suspension period for the “reciprocal” tariffs announced on April 2 was originally set to end this Wednesday. However, President Trump signed an executive order on Monday to extend the deadline by more than three weeks. Trump sent similar letters to leaders of each country.
“Beginning August 1, 2025, we will impose a tariff of only 25% on any and all Japanese products shipped into the United States, separate from all Sector-Based Tariffs. Goods that are transshipped to avoid a higher Tariff will be subject to that higher Tariff. Please understand that this 25% figure is far lower than what would be required to eliminate the Trade Deficit disparity we have with your country,” Trump wrote in a letter to Japanese Prime Minister Ishiba Shigeru — the first of the letters published on Truth Social.
The latest tariff announcements include:
- 40% on Laos
- 40% on Myanmar
- 36% on Cambodia
- 36% on Thailand
- 35% on Bangladesh
- 35% on Serbia
- 32% on Indonesia
- 30% on South Africa
- 30% on Bosnia
- 25% on Tunisia
- 25% on Malaysia
- 25% on Kazakhstan
- 25% on South Korea
- 25% on Japan
The Trump administration warned other countries not to retaliate by raising their own import tariffs, stating that if they did, the White House would respond with further tariff increases.
President Trump’s original global “reciprocal” tariffs, announced on April 2, ranged from 10% to 49%, including 49% on Cambodia, 25% on South Korea, 24% on Japan, 32% on Taiwan, and 26% on India.
The Trump administration’s broad reciprocal tariff plan also includes a base rate of 10% on nearly all goods, along with a 25% tariff on certain imported vehicles and auto parts.
Source: Freight Waves
------
ASL Logistics US - Your True Shipping Partner
Reach ASL Logistics US immediately for advice on sea freight service! Or you can contact us directly to receive detailed information:
β ASL Logistics US - Your True Shipping Partner
π https://aslc-us.com/
β +156 2906 3906
β phong@aslc-us.com
Related services: Sea Freight, Air Freight, Customs Broker Service, Domestics Trucking, Multi-modal Transportation, Warehousing Services, Shipping and Logistics Services to The U.S,