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Imposing a 25% tariff on India, a 19% tariff on Pakistan, and a 35% tariff on Iraq: Complete list of the tariff rates announced by Donald Trump; who is hit the hardest?
U.S. President Trump implemented a revised trade tariff system under his 'America First' policy, which took effect on August 7. This system will impose a default tariff of 10% on 68 countries and the European Union, with higher rates for countries with trade deficits, starting at 15%. Syria faces the highest tariff at 41%.
On Thursday, U.S. President Trump signed a comprehensive executive order imposing tariffs on multiple countries and the 27 member states of the European Union, significantly escalating the U.S. government's global trade offensive. The executive order, titled 'Further Amendments to Reciprocal Tariff Rates', will take effect on August 7 (seven days after its announcement), with rates increasing to 41%.
India, with a 25% 'adjusted reciprocal tariff', is one of the countries with higher rates among America's major trading partners. The White House defended this move citing India's 'odious non-monetary trade barriers', persistent trade imbalances, and close ties with Russia in the energy and defense sectors.