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Surprisingly India is in this new list but with 1% lowered tarrif.
But...
“universal” tariff will remain at 10% — the same level implemented on April 2 — for countries the US has a trade surplus with.
And Trump is really angry with Canada..
In addition to the overall plan, President Donald Trump said he is raising tariffs on Canada from 25% to 35%, effective tomorrow.
Anddd a transhipment penalty....
the new trade policy also establishes a 40% additional penalty on so-called transshipments. Those are goods that are shipped from a high-tariff country to a low-tariff country and then re-shipped to the US.
Here’s what’s different:
  • Angola: 32% to 15%
  • Bangladesh: 37% to 20%
  • Bosnia and Herzegovina: 35% to 30%
  • Botswana: 37% to 15%
  • Brunei: 24% to 25%
  • Cambodia: 49% to 19%
  • Cameroon: 11% to 15%
  • Chad: 13% to 15%
  • Côte d`Ivoire: 21% to 15%
  • Democratic Republic of the Congo: 11% to 15%
  • Equatorial Guinea: 13% to 15%
  • European Union: 20% to 15% (for most goods)
  • Falkland Islands: 41% to 10%
  • Fiji: 32% to 15%
  • Guyana: 38% to 15%
  • India: 26% to 25%
  • Indonesia: 32% to 19%
  • Iraq: 39% to 35%
  • Israel: 17% to 15%
  • Japan: 24% to 15%
  • Jordan: 20% to 15%
  • Kazakhstan: 27% to 25%
  • Laos: 48% to 40%
  • Lesotho: 50% to 15%
  • Libya: 31% to 30%
  • Leichtenstein: 37% to 15%
  • Madagascar: 47% to 15%
  • Malawi: 17% to 15%
  • Malaysia: 24% to 19%
  • Mauritius: 40% to 15%
  • Moldova: 31% to 25%
  • Mozambique: 16% to 15%
  • Myanmar: 44% to 40%
  • Namibia: 21% to 15%
  • Nauru: 30% to 15%
  • Nigeria: 14% to 15%
  • North Macedonia: 33% to 15%
  • Pakistan: 29% to 19%
  • Philippines: 17% to 19%
  • Serbia: 37% to 35%
  • South Korea: 30% to 15%
  • Sri Lanka: 44% to 20%
  • Switzerland: 31% to 39%
  • Taiwan: 32% to 20%
  • Thailand: 36% to 19%
  • Tunisia: 28% to 25%
  • Vanuatu: 22% to 15%
  • Vietnam: 46% to 20%
  • Zambia: 17% to 15%
  • Zimbabwe: 18% to 15%
21 sats \ 1 reply \ @398ja 23h
How do you reliably make business with the US if the tariffs are changing so regularly?
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If not anything else, Trump has successfully created chaos in global markets. Nothing is gonna change for the next 3 years.
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Elbows up Canada!
Good thing we gave the Liberals a fourth term so the steady hand of Mark Carney could make the orange man take the tariffs away.
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And see what India's opposition leader has to say about Trump's recent threatening to India...