Full list: Donald Trump announces US tariffs on India, other trading partners
The order imposes so-called 'reciprocal' tariffs ranging from 10% to 41% on imports into the United States from dozens of countries and foreign territories. This move represents the next stage in his trade strategy, one that is likely to challenge the global economy and long-standing American alliances built over several decades.
A senior White House official stated on Thursday that the increased tariffs would be implemented on August 7 and that the delay was intended to allow customs and border authorities sufficient time to 'implement' the new system.
The measures affect 68 countries as well as the 27-member European Union. Nations not specifically listed in Trump's order will be subject to a default tariff rate of 10%.
In a separate announcement on the same day, Trump said he would extend trade talks with Mexico for an additional 90 days. However, the majority of countries are still facing uncertainty as the deadline approaches. While a few trade agreements have been reached, details remain unclear – leaving companies and manufacturers worldwide preparing for increased operational costs and the likelihood of price rises.
Meanwhile, Trump's broad reshaping of US trade policy has not gone without challenge. Appeals court judges have expressed significant doubts about the legal justification for what is considered his most far-reaching wave of tariffs to date.
Full list: Countries hit by new US tariffs and the rates imposed
India - 25%
Afghanistan - 15%
Algeria - 30%
Angola - 15%
Bangladesh - 20%
Bolivia - 15%
Bosnia and Herzegovina - 30%
Botswana - 15%
Brazil - 10%
Brunei - 25%
Cambodia - 19%
Cameroon - 15%
Chad - 15%
Costa Rica - 15%
Côte d'Ivoire - 15%
Democratic Republic of the Congo - 15%
Ecuador - 15%
Equatorial Guinea - 15%
European Union: Goods with Column 1 Duty Rate > 15% - 0%
European Union: Goods with Column 1 Duty Rate < 15% - 15% minus Column 1 Duty Rate
Falkland Islands - 10%
Fiji - 15%
Ghana - 15%
Guyana - 15%
Iceland - 15%
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%
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%
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
9 minutes ago
- India.com
Which countries are biggest buyers of Russian oil, and why is India still in stronger position despite 50% US tariffs?
Which countries are biggest buyers of Russian oil, and why is India still in stronger position despite 50% US tariffs? U.S. President Donald Trump has announced an additional 25 per cent tariff on goods imported from India, starting August 27. This is in addition to the existing 25 per cent tariff and is a response to India continuing to buy oil from Russia. The move has sparked global debate over trade policies, especially among countries that still import large amounts of energy from Russia. Asia becomes Russia's main oil buyer after EU pullback There was a time when the European Union (EU) was the biggest buyer of Russian oil. But after the EU placed sanctions on Russia, Asian countries like China, India, and Turkey stepped in and now lead in buying Russian energy. Asia has now become Russia's largest oil market. At present: China imports about USD 219.5 billion worth of energy (oil, gas, and coal) from Russia. India buys energy products worth around USD 133.4 billion. Turkey imports nearly USD 90.3 billion in energy from Russia. Some European countries, like Hungary, still buy small amounts of Russian oil through pipelines, but most have reduced their purchases due to sanctions. Russia's oil revenue still strong despite sanctions Even with sanctions from the U.S. and Europe, Russia continues to earn big from its oil exports. According to the Kyiv School of Economics, Russia made around USD 12.6 billion just from oil sales in June. For the entire year of 2025, it is expected to earn up to USD 153 billion from oil exports. Why is India in a better position? Even though President Trump has imposed a 25 per cent tariff on Indian goods, India is still in a better position compared to China. Under Trump's new trade policy, Chinese imports are facing a much higher 30 per cent tariff, while imports from Vietnam are being taxed at only 20 per cent. This means Indian and Vietnamese products will continue to compete in the U.S. market, but India still has an edge over China. Recently, Fitch Ratings updated its 'Effective Tariff Rate (ETR) Monitor,' a tool that tracks how tariffs affect trade. According to the latest update: The average effective tariff rate in the U.S. has risen to 17 per cent, up from 15 per cent last year. Among all major U.S. trading partners, China's ETR is now the highest at 41.4 per cent, a big jump from its earlier rate of 10.7 per cent. India's ETR stands at just over 21 per cent, which shows that India is still in a relatively better spot compared to China. The Effective Tariff Rate (ETR) helps measure the real impact of tariffs on a country's trade and economic strategies. Liao Yu, a lecturer at Renmin University in China, says that during his second term, Trump has become more aggressive with his 'Make America Great Again' agenda. According to Liao, many supporters of this policy believe free trade has hurt the U.S., and they mainly blame China for it. In the future, China might face even tougher tariff battles. However, since Trump's 'America First' approach is also weakening old U.S. alliances, it could open up some new strategic opportunities for China.
Hans India
9 minutes ago
- Hans India
NSA Ajit Doval Holds Strategic Talks With Putin In Moscow Following Trump's Tariff Escalation
India's National Security Adviser Ajit Doval conducted high-level diplomatic discussions with Russian President Vladimir Putin at the Kremlin on Thursday, reinforcing bilateral strategic cooperation amid escalating trade tensions with the United States. The Moscow meeting occurred just one day after US President Donald Trump signed an executive order imposing an additional 25% tariff on Indian imports, effectively doubling total duties to 50% in response to India's continued petroleum purchases from Russia. The timing of the India-Russia talks underscores New Delhi's commitment to maintaining its independent foreign policy despite mounting American pressure. President Trump's tariff directive represents a significant escalation in economic pressure tactics, implemented through a two-phase approach. The first 25% increase took effect on August 7, with a second phase scheduled to activate 21 days later unless diplomatic negotiations modify the current trajectory. The United States has simultaneously threatened secondary sanctions against nations purchasing Russian crude oil unless Moscow agrees to end the Ukraine conflict by Friday. India has responded forcefully to the American trade measures, with Foreign Ministry spokesperson Randhir Jaiswal condemning the tariffs as fundamentally unjust and economically unreasonable. The Indian government has pledged to implement all necessary measures to defend its economic sovereignty and protect national interests from what it considers unwarranted external interference. During Thursday's talks in Moscow, both nations emphasized their enduring strategic partnership despite international pressure. The discussions covered bilateral security cooperation and confirmed President Putin's planned visit to India later this year, marking his first trip to the country since the Russia-Ukraine conflict began in 2022. Doval also met with Russian Security Council Secretary Sergei Shoigu, expressing enthusiasm about the upcoming Putin visit and describing previous India-Russia summits as transformative moments in bilateral relations. The Indian NSA emphasized the critical importance of maintaining strong diplomatic ties with traditional partners. Prime Minister Narendra Modi adopted a defiant stance regarding external pressure during his speech at the MS Swaminathan Centenary International Conference on Thursday. Without directly naming the United States, Modi declared that India would not capitulate to foreign coercion, even if maintaining independence required accepting economic costs. The diplomatic tensions have exposed what critics describe as American double standards in international trade policy. India and other nations have highlighted continued US imports of Russian uranium hexafluoride, palladium, and fertilizers, questioning the consistency of Washington's sanctions regime and economic pressure tactics. The India-Russia strategic partnership remains robust despite Western attempts to isolate Moscow diplomatically and economically. Both countries continue to prioritize their long-established cooperation across defense, energy, and economic sectors while navigating complex international political dynamics. The current situation reflects broader geopolitical tensions as major powers compete for influence and seek to pressure allies into alignment with their respective strategic objectives. India's balancing act between maintaining relationships with both Russia and the United States demonstrates the challenges facing middle powers in an increasingly polarized international system.
Indian Express
9 minutes ago
- Indian Express
Express View on Trump's 50 per cent tariffs on India: Bracing up
From edging closer to signing a trade deal in early July, to the imposition of a 25 per cent penalty on August 6, on top of a 25 per cent tariff levied just a few days earlier, India-US trade relations have now moved into uncharted territory. While the additional tariffs will come into play in 21 days, opening up a possible window for negotiations — US trade negotiators are slated to arrive in Delhi on August 25 — the weaponisation of tariffs by US President Donald Trump to achieve what seem to be both trade and non-trade objectives, has placed India at a considerable disadvantage when compared to competitors such as Vietnam and Indonesia. In the face of this mounting pressure, India must stand firm, put its national interest first. Not surprisingly, Trump's action has evoked a strong response. Calling it 'unfair, unjustified and unreasonable', the Narendra Modi government has said it will take 'all actions necessary to protect its national interests'. As it continues the trade talks with the Trump administration, it may be possible to offer more concessions in certain segments, there may be room for greater give and take. But, at the same time, Delhi should stay with its red lines in the face of mounting pressure in sectors such as agriculture and dairy — politically contentious areas, which are critical to the livelihoods of large sections of the Indian labour force. On Thursday, speaking at the M S Swaminathan Centenary International Conference in Delhi, Prime Minister Narendra Modi emphatically stated the government's position: 'India will never compromise on the interests of its farmers, livestock rearers and fisherfolk'. India's purchase of discounted Russian oil, which has ensured price stability in the global oil market, was a pragmatic move to secure its energy supplies. But with Trump raising the costs of continuing with this trade — as he attempts to curb the flow of money to Russian President Vladimir Putin, ostensibly to end the conflict in Ukraine — the same hard-headed realism must guide Delhi's approach now. Imports of Russian oil were at 1.6 million barrels per day in July, down 24 per cent from the month before, as per a report in this paper. The cost-benefit analysis of relying on one source of supply to such a large extent, however, must be seen only through the prism of India's interests — not dictated by Trump. Goldman Sachs, an investment firm, has estimated that the steep tariff on India could bring down economic growth by around 0.6 percentage points. But who India should trade with, or for that matter, which grouping it should be part of — Trump has in the past also taken umbrage at BRICS — should be guided by India's interests alone. Such issues should, in any case, not be part of trade talks between the two countries.
