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The White House has revealed a new set of tariff rates aimed at imports from various countries. Under the revised structure, Swiss products will be subject to a 39% tariff, while products from Pakistan and Malaysia will face a 19% tax each. Exports from Vietnam and Bangladesh will now be taxed at 20%, and Israeli products will see a tariff of 15%.
In a related move, President Donald Trump has signed an executive order that raises tariffs on Canadian imports from 25% to 35%. This increase is set to take effect on August 1, 2025.