Trade Regulation Updates

Higher Country-Specific Reciprocal Tariffs

August 1, 2025

[UPDATE]

On July 31, 2025, the US Government announced several additional and adjusted tariffs on countries around the world. 

Notably, those countries that are currently negotiating a trade deal with the US are still subject to these revised tariffs until such time as they formalize the deal. 

It is also worth noting that any country not listed on the executive order has an additional ad valorem duty rate of 10%.  

The full executive order, including the list of countries and their new tariff rate, can be found here

Alternatively, the complete list of countries and their current applicable tariff rate with the US can be found here

---

In an executive order released on July 7th, 2025, the US Government announced that it intends to extend the implementation date of the April 9, 2025, Reciprocal Tariffs from July 9, 2025, to August 1, 2025. 

Notably, the separate tariff suspension as detailed in the tariffs facing China that are detailed in the executive order released on May 12, 2025, will remain in effect and are unaltered by this order. 

For full details of the executive order, please click here

To be kept abreast of the latest as it happens, you are encouraged to: