• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Higher Tariffs Imposed on Imports from Dozens of Countries

Higher Tariffs Imposed on Imports from Dozens of Countries

08/08/2025
Beijing Takes Cautious Approach Amid Trump’s Latest Tariff Moves

Beijing Takes Cautious Approach Amid Trump’s Latest Tariff Moves

01/27/2026
India and EU Seal Landmark Trade Deal After Nearly Two Decades of Talks

India and EU Seal Landmark Trade Deal After Nearly Two Decades of Talks

01/27/2026
China Says Canada Trade Deal Not Intended to Target the US Amid Trump Tariff Threats

China Says Canada Trade Deal Not Intended to Target the US Amid Trump Tariff Threats

01/27/2026
Trump Announces Increase in US Tariffs on South Korean Imports

Trump Announces Increase in US Tariffs on South Korean Imports

01/27/2026
Canada Looks to Diversify Trade Flows Amid Threats of Further U.S. Tariffs

Canada Looks to Diversify Trade Flows Amid Threats of Further U.S. Tariffs

01/26/2026
U.S. and Taiwan Reach Trade Deal to Cut Tariffs and Boost Supply Chain Investment

Container Shipping ‘Unreliability’ Becomes New Normal as Industry Adjusts to Post‑Pandemic Conditions

01/26/2026
Tariffs and Trade Policy Are Driving Nearshoring Momentum in North America’s Supply Chains

Warehousing Leaders Stress Importance of Trust and Resilience for Supply Chain Stability

01/26/2026
Risky Side of AI Implementation in Warehousing: What Supply Chain Leaders Need to Know

Risky Side of AI Implementation in Warehousing: What Supply Chain Leaders Need to Know

01/26/2026
Singapore Logistics Tech Startup and Korean Provider Team Up to Help SMEs Scale Globally

Singapore Logistics Tech Startup and Korean Provider Team Up to Help SMEs Scale Globally

01/26/2026
Canada’s Supply Chain Groups Formalize Alliance to Bolster Western Logistics Network

Global Shipping Line Hits 400‑Owned Vessel Milestone in Fleet Expansion Push

01/26/2026
Supply Chain and Logistics to Feature Prominently at Gulfood 2026: Exhibitors to Watch

Supply Chain and Logistics to Feature Prominently at Gulfood 2026: Exhibitors to Watch

01/26/2026
North American Carrier Targets Growth in Open‑Deck Transport and Data‑Center Logistics

North American Carrier Targets Growth in Open‑Deck Transport and Data‑Center Logistics

01/26/2026
supplychainreport
Wednesday, January 28, 2026
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Higher Tariffs Imposed on Imports from Dozens of Countries

by Daisy Mae D.
08/08/2025
in Tariffs & Duties

WASHINGTON — Higher U.S. tariffs on imports from more than 60 countries took effect early Thursday, following an executive order announced last week by President Donald Trump. The measure, described as “reciprocal” tariffs, is aimed at addressing what the administration views as unfair trade practices.

YOU MAY ALSO LIKE

China Says Canada Trade Deal Not Intended to Target the US Amid Trump Tariff Threats

Trump Announces Increase in US Tariffs on South Korean Imports

The U.S. Customs and Border Protection (CBP) began collecting the revised duties at 12:01 a.m. EDT (04:01 GMT). Tariff rates vary by country, ranging from 50 percent on goods from Brazil to 10 percent on imports from the United Kingdom. The administration estimates the changes could generate more than $300 billion in annual tariff revenue.

Imports from many countries had previously faced a 10 percent baseline duty after a temporary pause on higher rates earlier this year. The new policy imposes significantly higher rates on certain trading partners, including 50 percent on goods from Brazil, 39 percent on Switzerland, 35 percent on Canada, and 25 percent on India.

The administration has indicated that some rates could rise further later this month. Eight major trading partners — accounting for roughly 40 percent of U.S. trade flows — have reached agreements with the U.S., setting base tariff rates at 15 percent. These include the European Union, Japan, and South Korea.

The UK agreed to a 10 percent rate, while Vietnam, Indonesia, Pakistan, and the Philippines secured rates of 19 or 20 percent. The executive order also includes provisions for an additional 40 percent duty on goods determined to have been rerouted through third countries to avoid higher U.S. tariffs, though specific enforcement measures have not been detailed. Industry groups and some economists have raised concerns that higher duties may increase costs for businesses and consumers, reduce product variety, and contribute to inflationary pressures.

For example, Brazil’s higher rate is expected to impact the U.S. coffee industry, which has already experienced rising prices linked to supply constraints. Analysts note that the tariff changes will likely create both “winners and losers” across industries, with some sectors benefiting from increased protection and others facing higher costs.

In a related policy move, the administration announced that a 100 percent tariff will be imposed on foreign-made semiconductors, with exemptions for companies investing in U.S.-based operations.

#SupplyChainNews #GlobalTrade #TariffsAndDuties #EconomicIndicators #TradePolicies

ShareTweet

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.