Finance
Factbox-Trump's tariffs: What's in effect and what could be in store?
Published by Global Banking & Finance Review®
Posted on August 11, 2025
3 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 11, 2025
3 min readLast updated: January 22, 2026
Trump's tariffs impact global trade with country and product-specific rates. Current tariffs range from 10% to 50%, with potential future increases.
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)
Trump has set a baseline tariff of 10% on all imports to the United States, along with additional duties on certain products or countries.
Brazil has a tariff of 50%, although lower levels apply to specific sectors such as aircraft and energy.
Currently, there are product-specific tariffs such as 50% on steel and aluminum, and 25% on autos and auto parts.
Yes, tariffs threatened but not in effect include up to 200% on pharmaceuticals and 25% or higher on semiconductors.
Tariffs can significantly affect international trade by increasing the cost of imported goods, which may lead to trade wars and retaliatory measures from other countries.
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