Trump's massive tariffs have come into force: who will suffer the most
Donald Trump (Photo: EPA/Samuel Corum)

On Thursday, August 7, the increased US duties imposed by the administration of Donald Trump came into effect. They will affect dozens of countries, including the European Union.

"Billions of dollars in tariffs will now flow to the United States of America," wrote Trump at midnight on Truth Social.

According to Trump's estimate, the largest duties will be paid by "countries that have been taking advantage of the United States for years, laughing at us.".

The maximum rate is set for Brazil – its goods will be subject to a 50% duty.

Some tariffs were the result of framework agreements (such as, in the case of the UK ), but for most countries, tariffs were set by Trump's unilateral decision.

See also
Tagesanzeiger: Trump raises Swiss tariffs because he was angry at the president's "lecture"

Updated duties:

  1. Brazil – 50%
  2. Syria – 41%
  3. Myanmar – 40%
  4. Laos – 40%
  5. Switzerland – 39%
  6. Canada – 35%
  7. Iraq – 35%
  8. Serbia – 35%
  9. Algeria – 30%
  10. Libya – 30%
  11. Bosnia and Herzegovina – 30%
  12. South Africa – 30%
  13. India – 25%
  14. Brunei – 25%
  15. Kazakhstan – 25%
  16. Moldova – 25%
  17. Tunisia – 25%
  18. Taiwan – 20%
  19. Vietnam – 20%
  20. Sri Lanka – 20% Lanka – 20%
  21. Bangladesh – 20%
  22. Philippines – 19%
  23. Indonesia – 19%
  24. Cambodia – 19%
  25. Malaysia – 19%
  26. Thailand – 19%
  27. Pakistan – 19%
  28. Nicaragua – 18%
  29. Japan – 15%
  30. European Union – 15%
  31. South Korea – 15%
  32. Vanuatu – 15%
  33. Fiji – 15%
  34. Turkey – 15%
  35. Iceland – 15%
  36. New Zealand – 15%
  37. Nigeria – 15%
  38. Norway – 15%
  39. Afghanistan – 15%
  40. Angola – 15%
  41. Bolivia – 15%
  42. Botswana – 15%
  43. Cameroon – 15%
  44. Chad – 15%
  45. Costa Rica – 15% Rica – 15%
  46. Côtecôte d'Ivoire – 15%
  47. Lesotho – 15%
  48. Democratic Republic of the Congo – 15%
  49. Ecuador – 15%
  50. Equatorial Guinea – 15%
  51. Guyana – 15%
  52. Israel – 15%
  53. Jordan – 15%
  54. Ghana – 15%
  55. Liechtenstein – 15%
  56. Madagascar – 15%
  57. Malawi – 15%
  58. Mauritius – 15%
  59. Mozambique – 15%
  60. Namibia – 15%
  61. Nauru – 15%
  62. North Macedonia – 15%
  63. Papua New Guinea – 15%
  64. Trinidad and Tobago – 15%
  65. Venezuela – 15%
  66. Zambia – 15%
  67. Zimbabwe – 15%
  68. Uganda – 15%
  69. United Kingdom – 10%
  70. Falkland Islands – 10%

Imports to the United States from other countries, including Ukraine, will be subject to a basic duty of 10%. At the same time, the overall average effective tariff rate will rise to more than 17%, according to CNBC. This is the highest rate since 1935, during the Great Depression, according to the Yale Budget Lab think tank.

Revision of tariffs was Trump's campaign promise.

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