Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Finance

    Factbox-Trump's tariffs: What's in effect and what could be in store?

    Factbox-Trump's tariffs: What's in effect and what could be in store?

    Published by Global Banking and Finance Review

    Posted on August 11, 2025

    Featured image for article about Finance

    WASHINGTON (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.

    COUNTRY-SPECIFIC TARIFFS

    Afghanistan - 15%

    Algeria - 30%

    Angola - 15%

    Bangladesh - 20%

    Bolivia - 15%

    Bosnia and Herzegovina - 30%

    Botswana - 15%

    Brazil - 50%, with lower levels for sectors such as aircraft, energy and orange juice 

    Brunei - 25%

    Cambodia - 19%

    Cameroon - 15%

    Canada - 10% on energy products, 35% for other products not covered by the U.S.-Canada-Mexico Agreement 

    Chad - 15%

    China - 30%, with additional tariffs on some products. This agreement, which was due to expire on August 12, has been extended for another 90 days through an executive order, according to a White House official.

    Costa Rica - 15%

    Cote d'Ivoire - 15%

    Democratic Republic of the Congo - 15%

    Ecuador - 15%

    Equatorial Guinea - 15%

    European Union - 15% on most goods

    Falkland Islands - 10%

    Fiji - 15%

    Ghana - 15%

    Guyana - 15%

    Iceland - 15%

    India - 25%, additional 25% threatened to take effect Aug. 28

    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% for products not covered by USMCA

    Moldova - 25% 

    Mozambique - 15%

    Myanmar - 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%, with some auto and metal imports exempt from higher global rates

    Vanuatu - 15%

    Vietnam - 20% for some products, 40% on transshipments from third countries

    Zambia - 15%

    Zimbabwe - 15%

    PRODUCT-SPECIFIC TARIFFS

    Steel and aluminum - 50%

    Autos and auto parts - 25%

    Copper pipes, tubes and other semi-finished products - 50% 

    PRODUCT-SPECIFIC TARIFFS THREATENED BUT NOT IN EFFECT

    Pharmaceuticals - up to 200%

    Semiconductors - 25% or higher

    Movies - 100%

    Timber and lumber

    Critical minerals

    Aircraft, engines and parts

    Apple iPhones - 25%

    (Reporting by Andy Sullivan; Additional reporting by Pritam Biswas; Editing by Cynthia Osterman; Chizu Nomiyama, Sandra Maler and Shreya Biswas)

    Related Posts
    Schiphol airport earmarks $1.2 billion for investment abroad by 2035Schiphol airport earmarks $1.2 billion for investment abroad by 2035
    Russia suspends flights at four airports, warns residents of drone attacksRussia suspends flights at four airports, warns residents of drone attacks
    Thyssenkrupp Nucera sees lower 2026 sales on 'more challenging' hydrogen marketThyssenkrupp Nucera sees lower 2026 sales on 'more challenging' hydrogen market

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe