Upcoming Tariff Rates for Countries Without a Deal with the U.S. (Effective August 1)

As of now, several countries haven’t reached any trade agreement with the U.S., and their goods will soon face increased tariff rates starting August 1. Here's a quick overview:

Canada – 35%

Mexico – 30%

South Korea – 25%

South Africa – 30%

Kazakhstan – 25%

Laos – 40%

Malaysia – 25%

Myanmar – 40%

Tunisia – 25%

Bosnia and Herzegovina – 30%

Bangladesh – 35%

Serbia – 35%

Cambodia – 36%

Thailand – 36%

Libya – 30%

Iraq – 30%

Algeria – 30%

Moldova – 25%

Brunei – 25%

Sri Lanka – 30%

Brazil – 50%

Interesting to watch how these new rates will impact trade flows and market sentiment. Let's see how the global markets respond.

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