Trump Targets Global Trade: 14 Nations Hit with New U.S. Tariffs — Full Country-Wise Breakdown
In a bold new move to pressure America’s trade partners, U.S. President Donald Trump has imposed fresh tariffs on 14 countries, marking a sharp escalation in his ongoing efforts to secure favorable trade deals. The new tariff regime will come into effect on August 1, with the highest rates—40%—levied on Laos and Myanmar.
The announcement came via official letters sent directly to the leaders of the affected nations, which Trump later shared publicly on Truth Social. He called the campaign a “wave of letters” aimed at discouraging any retaliatory tariff increases on U.S. exports.
Trump’s message in each letter was clear: raise tariffs on American goods, and you’ll face consequences. In one example to South Korea, he warned, “If for any reason…” — suggesting a strong deterrent stance.
🔻 Full List of Countries and Tariff Rates Imposed by the U.S.
Country | Tariff Rate |
---|---|
Laos | 40% |
Myanmar | 40% |
Thailand | 36% |
Cambodia | 36% |
Bangladesh | 35% |
Serbia | 35% |
Indonesia | 32% |
South Africa | 30% |
Bosnia & Herzegovina | 30% |
Malaysia | 25% |
Tunisia | 25% |
Japan | 25% |
South Korea | 25% |
Kazakhstan | 25% |
🌍 Global Reaction Anticipated
While Trump’s administration views the tariffs as a strategic tool to rebalance trade, international backlash is expected. Several countries on the list are key trade partners with existing bilateral agreements with the U.S.
Analysts believe this latest tariff wave could lead to countermeasures, adding volatility to global markets and potentially complicating existing diplomatic relations.