Trump’s tariffs: What’s in effect and what could be in store?

July, 11, 2025

Reuters - U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries.

Trump has set a baseline tariff of 10% on all imports to the United States, as well as additional duties on certain products or countries.

Here is a list of targeted tariffs he has implemented or threatened to put in place.

PRODUCT TARIFFS IN EFFECT

  • Steel and aluminum- 50%
  • Autos and auto parts - 25%

PRODUCT TARIFFS - THREATENED

  • Copper - 50% to take effect Aug. 1
  • Pharmaceuticals - up to 200%
  • Semiconductors - 25% or higher
  • Movies - 100%
  • Timber and lumber
  • Critical minerals
  • Aircraft, engines and parts

COUNTRY TARIFFS IN EFFECT

  • Canada - 10% on energy products, 25% for other products not covered by the U.S.-Canada-Mexico Agreement
  • Mexico - 25% for products not covered by USMCA
  • China - 30%, with additional tariffs on some products
  • United Kingdom - 10%, with some auto and metal imports exempt from higher global rates
  • Vietnam - 20% for some products, 40% on transshipments from third countries

COUNTRY TARIFFS THREATENED TO TAKE EFFECT AUGUST 1

  • Algeria 30%
  • Bangladesh 35%
  • Bosnia and Herzegovina 30%
  • Brazil 50%
  • Brunei 25%
  • Cambodia 36%
  • Indonesia 32%
  • Iraq 30%
  • Japan 25%
  • Kazakhstan 25%
  • Laos 40%
  • Libya 30%
  • Malaysia 25%
  • Moldova 25%
  • Myanmar 40%
  • Philippines 20%
  • Serbia 35%
  • Sri Lanka 30%
  • South Africa 30%
  • South Korea 25%
  • Thailand 36%
  • Tunisia 25%

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