President Donald J. Trump is back on offense in global trade, announcing a sweeping new wave of tariffs ranging from 25% to 40% on 14 countries — and warning more letters are coming. The goal: bring back manufacturing, reduce trade deficits, and punish countries exploiting U.S. markets.
On Monday, Trump signed an executive order delaying the tariffs until August 1, giving targeted nations a final deadline to negotiate. White House Press Secretary Karoline Leavitt confirmed additional countries will receive tariff letters in the days ahead.
Who’s Getting Hit?
Here’s the initial list of countries receiving formal warning letters, which the White House posted to Truth Social:
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25%: Japan, South Korea, Malaysia, Kazakhstan, Tunisia
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30%: South Africa, Bosnia
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32%: Indonesia
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35%: Bangladesh, Serbia
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36%: Thailand, Cambodia
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40%: Laos, Myanmar
Trump emphasized that these tariffs are in addition to any sectoral tariffs, and made clear that any retaliation will be met
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