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August Update: Tariffs
Tariff Overview by Country
🇧🇷 Brazil
|
Product Category |
Tariff Rate |
Notes |
|
General imports from Brazil |
40% |
Applies unless otherwise exempted (Sec. 2(a)) |
|
Specific exempt products (e.g., civil aircraft, fertilizers) |
0% |
Listed in Annex I (Sec. 3(b)) |
|
Products already subject to Executive Order 14257 |
40% + 10% |
Duties may stack with EO 14257 if applicable (Sec. 3(c)) |
|
Foreign Trade Zones (non-domestic status goods) |
40% |
Must be admitted as “privileged foreign status” (Sec. 3(d)) |
Effective Date: 7 days after July 30, 2025 (August 6, 2025)
Exempt Products:
🇨🇦 Canada
|
Product Category |
Tariff Rate |
Notes |
|
General Canadian goods (formerly 25%) |
35% |
Increased from prior rate under EO 14193 (Sec. 2(a)) |
|
Energy and energy-related goods |
10% |
No changes noted from prior EO |
|
Potash |
10% |
Previously reduced (Sec. 1) |
|
Canadian goods violating USMCA “rules of origin” (transshipped) |
40% |
Applies in lieu of base duty (Sec. 3(a)) |
Effective Date: August 1, 2025
Reference: Canada July 31 Tariff Executive Order, Sections 1-3
🇮🇳 India
|
Product Category |
Tariff Rate |
Notes |
|
General imports from India |
25% |
In response to India’s continued purchase of Russian Federation oil |
|
Applies in addition to General Imports from India Tariff |
25% + 10% |
Except for goods exempt under Annex II of EO 14257 |
Effective Date: August 27, 2025
🌍 Global Tariff Updates (Reciprocal Tariff Order)
Tariff rates based on each trading partner’s cooperation and trade balance status:
|
Country |
Tariff Rate |
|
Afghanistan |
15% |
|
Algeria |
30% |
|
Angola |
15% |
|
Bangladesh |
20% |
|
Bolivia |
15% |
|
Bosnia and Herzegovina |
30% |
|
Botswana |
15% |
|
Brazil (see above) |
50% |
|
Brunei |
25% |
|
Cambodia |
19% |
|
Cameroon |
15% |
|
Canada |
35% |
|
Chad |
15% |
|
China |
30% |
|
Costa Rica |
15% |
|
Côte d’Ivoire |
15% |
|
Democratic Republic of Congo |
15% |
|
Ecuador |
15% |
|
Equatorial Guinea |
15% |
|
European Union |
15% |
|
Falkland Islands |
10% |
|
Fiji |
15% |
|
Ghana |
15% |
|
Guyana |
15% |
|
Iceland |
15% |
|
India |
25% (50% on 8/27) |
|
Indonesia |
19% |
|
Iraq |
35% |
|
Israel |
15% |
|
Japan |
15% |
|
Jordan |
15% |
|
Kazakhstan |
25% |
|
Laos |
40% |
|
Lesotho |
15% |
|
Libya |
30% |
|
Liechtenstein |
15% |
|
Madagascar |
15% |
|
Malawi |
15% |
|
Malaysia |
19% |
|
Mauritius |
15% |
|
Mexico |
25% |
|
Moldova |
25% |
|
Mozambique |
15% |
|
Myanmar (Burma) |
40% |
|
Namibia |
15% |
|
Nauru |
15% |
|
New Zealand |
15% |
|
Nicaragua |
18% |
|
Nigeria |
15% |
|
North Macedonia |
15% |
|
Norway |
15% |
|
Pakistan |
19% |
|
Papua New Guinea |
15% |
|
Philippines |
19% |
|
Serbia |
35% |
|
South Africa |
30% |
|
South Korea |
15% |
|
Sri Lanka |
20% |
|
Switzerland |
39% |
|
Syria |
41% |
|
Taiwan |
20% |
|
Thailand |
19% |
|
Trinidad and Tobago |
15% |
|
Tunisia |
25% |
|
Turkey |
15% |
|
Uganda |
15% |
|
United Kingdom |
10% |
|
Vanuatu |
15% |
|
Venezuela |
15% |
|
Vietnam |
20% |
|
Zambia |
15% |
|
Zimbabwe |
15% |
|
All Other |
10% |
European Union Note:
- If the current Column 1 duty rate is <15%, the total duty is increased to 15%.
- If the current Column 1 duty rate is ≥15%, no additional duty is applied.
