Skip next section US announces raising Canada trade tariffs from 25% to 35%
08/01/2025August 1, 2025
US announces raising Canada trade tariffs from 25% to 35%
US President Donald Trump signed an executive order raising tariffs on to 35% from 25% on all products not covered by the , the White House said.
It added that goods transshipped to another country to evade the new tariffs will be subject to a transshipment levy of 40%.
The increased tariff was the result of Canada’s “continued inaction and retaliation,” Washington said.
“We haven’t spoken to Canada today. He’s (Carney) called and we’ll, we’ll see,” Trump told reporters during an event at the White House before the 35% rate was announced.
These tariffs on Canadian goods will be imposed on Friday.
https://p.dw.com/p/4yMOl
Skip next section Trump slaps higher tariffs on dozens of countries
08/01/2025August 1, 2025
Trump slaps higher tariffs on dozens of countries
President Donald Trump’s imposed higher tariffs ranging from 10% to 41% on a number of economies.
Rates were set at 25% for India’s exports to the US, 20% for 30% for South Africa’s and as high as 41% for Syria’s.
The tariff rate for Pakistan stands at 19%, while Israel, Iceland, Fiji, Ghana, Guyana and Ecuador will all be charged at 15%.
The impoverished African nation of Lesotho, which had initially faced a 50% tariff, will now be hit with a 15% levy.
https://p.dw.com/p/4yMOj
Skip next section Trump signs order for new tariffs to go into effect in 7 days
08/01/2025August 1, 2025
Trump signs order for new tariffs to go into effect in 7 days
The president has signed an executive order that would have new tariffs on a number of US trading partners to go into effect in seven days, on August 7, and not August 1.
The order applies to 68 countries and the
Some of them had reached tariff-reducing deals but others had no opportunity to negotiate with Washington.
Countries not listed in the order would face a baseline 10% tariff.
The reason for this delay is the government needs time to harmonize the tariff rates, the AP news agency quoted a senior US official as saying.
https://p.dw.com/p/4yMOk
Skip next section Trump tariffs: Where do we stand as deadline expires08/01/2025August 1, 2025
Trump tariffs: Where do we stand as deadline expires
Uwe Hessler
Countries whose exports are facing sweeping US tariffs have been in a scramble recently to sign trade deals.
While some have been successful, others are facing the prospect of no deal and increased levies.
Read the
https://p.dw.com/p/4yMOh
Skip next section Welcome to our coverage
08/01/2025August 1, 2025
Welcome to our coverage
Welcome to DW’s coverage of the global trade developments as tariff deadline approaches.
Trump originally announced his but days later to allow for talks with US trading partners.
While some major economies like Japan, the European Union and South Korea struck trade framework deals with Washington, others such as India, Brazil and Canada haven’t yet managed to reach an agreement, leaving their exports to the US facing much higher tariffs.
Stay tuned for the latest updates and analysis on what all this means for the world economy.
https://p.dw.com/p/4yMOg
The post Trump tariffs: Canada rate raised as deal deadline looms appeared first on Deutsche Welle.
