Trump imposes 'reciprocal' tariffs on dozens of countries, effective August 7

US President Donald Trump signed an executive order on Thursday imposing reciprocal tariffs of 10% to 41% on imports from dozens of countries. India faces 25% duties, Taiwan 20%, and South Africa 30%. The White House said the measures will take effect on August 7.

Aug 1, 2025 - 11:04
Trump imposes 'reciprocal' tariffs on dozens of countries, effective August 7
US President Donald Trump signed an executive order on Thursday imposing reciprocal tariffs of 10% to 41% on imports from dozens of countries. India faces 25% duties, Taiwan 20%, and South Africa 30%. The White House said the measures will take effect on August 7.