Headlines

Trump sets 10% to 41% 'reciprocal' tariffs on dozens of countries' exports

Published by Global Banking and Finance Review

Posted on August 1, 2025

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WASHINGTON (Reuters) -President Donald Trump signed an executive order on Thursday imposing reciprocal tariffs ranging from 10% to 41% on U.S. imports from dozens of countries and foreign locations.

Rates were set at 25% for India's U.S.-bound exports, 20% for Taiwan's and 30% for South Africa's.

(Reporting by Jasper Ward and Trevor Hunnicutt; Editing by Sandra Maler)

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