U.S. Finalizes Reciprocal Tariffs
Posted On
August 07, 2025
On July 31, President Trump announced new reciprocal tariff rates. Tariffs on imports from Brazil were set at 50%. Tariffs for Indonesia, Malaysia, Thailand, and Cambodia were set at 19%. A tariff of 15% will apply to most other countries. Goods found to be transshipped will be subject to a 40% tariff. For now, wood products subject to the Section 232 national security investigation appear to be exempt.
Read more: Further Modifying the Reciprocal Tariff Rates → | Where Things Stand as Trump Rolls Out New Tariff Rates →