• White House releases new tariff rates for dozens of countries after mon

    From Dale Evans@21:1/5 to All on Fri Aug 1 00:16:53 2025
    XPost: talk.politics.guns, alt.fan.rush-limbaugh, talk.politics.misc
    XPost: alt.business

    The Trump administration released a revised list of tariff rates against
    nearly 70 countries set to take effect next week.

    The announcement follows a four-month negotiating sprint with dozens of
    US trading partners to lock in one-for-one agreements — some of which
    are reflected in the new list.

    Among the notable rates which will be charged at 12:01 a.m. Aug. 7 —
    rather than on the Friday deadline initially announced by the White
    House — are 15% for Iceland and Israel, 30% for South Africa, 39% for Switzerland and 20% for Taiwan and Vietnam.

    Brazil, the largest economic power in South America, will see its rate
    balloon to 50% on Aug. 6, President Trump announced Wednesday.

    The president previously threatened Vietnam with a 46% tariff in his
    April 2 “Liberation Day” announcement but the country was able to reach
    a tentative trade deal with the US earlier this month, which lowered its
    rate.

    Israel’s new rate is 2 percentage points lower than the 17% duty
    unveiled in April — despite not having made a formal agreement with the
    White House.

    Trump noted in his executive order modifying reciprocal rates Wednesday
    that some nations “have agreed to, or are on the verge of agreeing to, meaningful trade and security commitments with the United States,” while others either have not tried to strike a deal or “despite having engaged
    in negotiations, have offered terms that, in my judgment, do not
    sufficiently address imbalances in our trading relationship or have
    failed to align sufficiently with the United States on economic and national-security matters.”

    https://nypost.com/wp-content/uploads/sites/2/2025/07/tariffs-modified_959a2f.jpg?resize=534,441&quality=75&strip=all

    https://nypost.com/2025/07/31/us-news/white-house-releases-new-tariff-rates-for-dozens-of-countries/

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