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Dozens of countries are hit with new tariffs, including key trading partners

As of August 7, the U.S. has put new tariffs in place on goods from dozens of countries. The updated rates vary widely, with some close trade partners seeing 10 percent tariffs and others facing rates above 40 percent.


As of August 7, the U.S. has put new tariffs in place on goods from dozens of countries. The updated rates vary widely, with some close trade partners seeing 10 percent tariffs and others facing rates above 40 percent. The changes affect hundreds of imported products and mark a major shift in U.S. trade policy under the Trump administration.

Tariffs are taxes on imports, often used to protect U.S. industries or to push for better trade terms. But they can also raise costs for companies that rely on global suppliers, which may lead to higher prices for consumers. This latest move is part of a “reciprocal tariff” strategy aimed at matching the rates other countries charge on American-made goods.

To help make sense of the changes, we’ve created a country-by-country list of the new U.S. tariff rates. Whether you work in procurement, logistics, or manufacturing, this breakdown can help you see which markets are affected and by how much.

Please click here to read the complete article. 


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