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The Latest: Trump Orders New Tariffs on Multiple US Trade Partners to Take Effect in 7 Days

UNITED STATES, JUL 30 – Tariffs range from 15% on South Korean goods to 50% on Brazilian imports, reflecting political motives and trade leverage, with South Korea committing $350 billion investment, officials said.

  • On August 1, 2025, the United States will roll out import duties on trading partners, including a 50% tariff on copper-based products.
  • Signing an executive order on Thursday, President Donald Trump set a seven-day deadline after recent tariff agreements, including a 15% tariff with South Korea.
  • Under the new measures, imports from India will face a 25% tariff plus an unspecified penalty, and Brazil faces a 50% tariff, while Canada risks 35%.
  • In immediate reactions, Brazil’s Vice President Geraldo Alckmin said 35% of exports will be affected by the 50% tariffs, and Ursula von der Leyen noted some agricultural exemptions.
  • Facing new duties, India’s Trade Minister Piyush Goyal said the government is assessing the impact of the 25% import tariff, and India will weigh its options.
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The Latest: Trump orders new tariffs on multiple US trade partners to take effect in 7 days

President Donald Trump has signed an executive order that would have new tariffs on a wide swath of U.S. trading partners to go into effect in seven d

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asianlite.com broke the news in on Wednesday, July 30, 2025.
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