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%