According to PANews, the White House has announced new tariff rates on goods from several countries. Swiss products will face a 39% tariff, while goods from Pakistan will be subject to a 19% tariff. Malaysia will also see a 19% tariff on its exports to the United States. Vietnam and Bangladesh will both encounter a 20% tariff rate on their goods. Additionally, Israeli products will be taxed at a 15% rate.
In a related development, U.S. President Donald Trump has signed an executive order to increase tariffs on Canadian goods from 25% to 35%. This higher tariff rate is set to take effect on August 1, 2025.