📄 Mutual Tariff Rates Notified under Trump’s Latest Trade Letters (as of July 2025)

📄 Mutual Tariff Rates Notified under Trump’s Latest Trade Letters (as of July 2025)

8 7月 2025, 13:10
Masayuki Sakamoto
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📄 Mutual Tariff Rates Notified under Trump’s Latest Trade Letters (as of July 2025)

The following are the mutual tariff rates announced for selected countries. These rates apply in addition to existing sector-specific tariffs (e.g., steel, aluminum, automobiles, and parts):

Country Current Rate Initial Proposal
Japan 25% 24%
South Korea 25% 25%
Thailand 36% 36%
Indonesia 32% 32%
Malaysia 25% 24%
Cambodia 36% 49%
Myanmar 40% 44%
Laos 40% 48%
Bangladesh 35% 37%
South Africa 30% 30%
Kazakhstan 25% 27%
Serbia 35% 37%
Bosnia and Herzegovina 30% 35%
Tunisia 25% 28%
 

📌 Key Notes:

  • These tariffs are independent of product-specific tariffs and are considered part of a broader "mutual tariff framework."

  • In President Trump’s letters, it is indicated that the final tariff rates may be subject to change depending on the outcomes of bilateral negotiations with each country.

  • These new tariffs are scheduled for implementation on August 1, providing roughly three weeks for potential adjustments or exemptions based on diplomatic engagement.