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#TrumpTariffs 🇺🇸 New Country-Specific Tariffs Announced President Trump has begun sending out letters to individual countries, making clear that hefty reciprocal tariffs will kick in August 1, ending the pause from the earlier “Liberation Day” package . Japan & South Korea: Slated for 25 % tariffs on all imports starting August 1 . Other countries: South Africa: **30 %** Laos, Myanmar: **40 %** Malaysia, Kazakhstan, Bangladesh, Serbia, Thailand, Cambodia, Bosnia & Herzegovina, Tunisia, Indonesia: **25–36 %** . These new tariffs are separate from prior sector-specific ones (such as auto, steel, etc.)
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