Trump Slaps Tariffs On 12 New Nations – Bangladesh, Myanmar Hit Exhausting | Heres FULL LIST

Trump Slaps Tariffs On 12 New Nations – Bangladesh, Myanmar Hit Exhausting | Heres FULL LIST

United States President Donald Trump has introduced tariffs for 14 nations, together with Japan and South Korea. He shared the letters despatched by his administration to the nations, informing them of the reciprocal tariffs that can take impact from August 1, 2025. This additionally comes following his announcement that an extra 10 p.c tariff can be imposed on nations that “align themselves with the anti-American insurance policies of BRICS”.

Earlier than asserting tariffs on 12 nations, Trump, on his Reality Social deal with, shared the letters despatched to Japan’s Prime Minister Shigeru Ishiba and South Korea’s President Lee Jae-myung. 

Later, the US President additionally shared comparable letters that had been despatched to Bangladesh, Myanmar, Malaysia, Kazakhstan, and Laos.

Trump’s Tariff Checklist 

The letters despatched to numerous world authorities talked about the tariffs that will be imposed on the respective nations. 

1- Thailand and Cambodia every will face a tariff of 36 p.c.

2- 25 p.c tariffs can be imposed on Malaysia and Kazakhstan.

3- Myanmar and Laos should pay a 40 p.c tariff on their items exported to America. 

4- Indonesia will face a tariff charge of 32 p.c. 

5- Imports from South Africa, Bosnia and Herzegovina can be topic to 30 per cent tariffs. 

6- In keeping with the letters, Tunisia will face a tariff of 25 p.c.

7- Lastly, Bangladesh and Serbia will every be hit with a tariff of 35 p.c. 

South Korea, Japan 

As per the letters addressed to the South Korean President and the Japanese Prime Minister, Trump clarified that Japan and South Korea would face a 25 p.c tariff from August 1.

As well as, the US President, within the letters, additionally threatened to extend the tariff charge by the identical quantity if the nations determined to lift their tariffs on imported American merchandise. Nonetheless, Trump has indicated his willingness to cut back the tariffs if these nations revise their commerce insurance policies.

Trump’s Tariff Plan  

Earlier, White Home Press Secretary Karoline Leavitt, whereas addressing a press briefing on Monday (native time), introduced that Trump will signal an govt order delaying his July 9 tariff deadline to August 1. In keeping with ANI, she recalled how she had introduced that the US President was going to create tailored commerce plans for every nation and added that the Trump administration needs to have the perfect offers for the American folks.

(with ANI inputs)

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