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countries hit hard and those that Donald Trump chooses to spare

Containers at the industrial port in Rangoun, July 18, 2025.

A few hours before the ultimatum he had set himself, Donald Trump signed, Thursday, July 31, in the evening, a decree inflicting allegedly reciprocal customs duties to some sixty-nine entities on the planet. These are supposed to come into force not the 1is August but August 7 at midnight. The republican president had however proclaimed the opposite on his Truth Social network, the day before: “The deadline of 1is August is the deadline for 1is August – it remains solid and it will not be extended. A big day for America !!! ». These rates have been awarded those which had been announced on April 2 before being suspended four months due to the rout that the announcement had caused in the financial markets.

At the top of the scale, Syria is taxed at 41 %, Burma and Laos at 40 %, Serbia and Iraq at 35 %. After the failure of bilateral negotiations, Switzerland is also punished, taxed at 39 %. It is one of the few countries to see its situation deteriorate compared to the 1is April where she had only been entitled to a rate of 31 %. It is thus approaching Brazil, taxed at 50 % due to the political opposition between the Trump teams on the one hand and those of President Lula and the Brazilian justice, who continues the former far -right president, Jair Bolsonaro, for attempted coup.

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kendall.foster
kendall.foster
A New York fashion-tech editor, Kendall reviews smart fabrics while staging TikTok runway experiments in her loft.
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