Archive · 1 Aug 2025
Trump's Tariffs: US Imposes New Duties on Several Trading Partners
The US is putting new taxes (tariffs) on things it buys from other countries.
These taxes are different amounts for different places.
For example, Canada will have to pay more, but it's delayed for Mexico.
South Korea made a deal to avoid a big tax increase.
Brazil is also hit with high tariffs as a political action.
US imposed new tariffs on several countries, including Canada, Mexico, South Korea, Brazil, India, and the EU.
Canada faces a tariff increase from 25% to 35% due to its plan to recognize Palestine.
Mexico's tariff increase has been delayed by 90 days.
South Korea reached a deal to lower tariffs to 15% with investment and energy purchase commitments.
Brazil faces 50% tariffs as a political move due to the former president, Jair Bolsonaro.
- Who
- President Donald Trump, and several countries.
- What
- The US is imposing new tariffs on goods from several countries.
- When
- Starting immediately for Canada, with other tariffs implemented with varying dates.
- Where
- United States and its trading partners.
- Why
- Varying reasons, including trade imbalances, political disagreements and in some cases, as a result of geopolitical decisions.
US view
Global partners view
Tariffs Impact
US view
Imposing tariffs to address trade imbalances, and geopolitical issues.
Global partners view
Other countries may be negatively impacted.
- Key Actors
- Donald Trump, Mark Carney
- Canada Tariff
- 35%
- Mexico Tariff
- Delayed 90 days
- South Korea Tariff
- 15%
- Brazil Tariff
- 50%
Sources
Trump Warns Canada Over Plans To Recognise Palestinian Statehood: 'Hard For Us To Make Trade Deal'
Trump escalates trade war with Canada following Palestine stance
Trump warns Canada’s Palestine stance could derail trade deal with US
Trump warns Carney: Trade deal with US at risk if Canada backs Palestinian statehood
What would a recognised Palestine state mean for the world?
Very hard to make trade deal with Canada: Trump on Carney’s move to recognise Palestine State
Canada could join UK, France in recognising Palestine: The significance
As France, UK and Canada join list, a look at the countries that recognised Palestinian state
Trump escalates trade war with Canada following Palestine stance
Trump says Canada’s Carney reached out but they haven’t talked ahead of tariff deadline
‘Didn’t like that, but not a deal-breaker’: Trump criticises Canada’s plan to recognise Palestinian state, but says it won’t derail trade talks
Trump increases tariff on Canada to 35% from 25%
Trump Hikes Canadian Tariffs To 35%, Links Move To Ottawa’s Stance On Palestine
After France, UK, Canada ready to recognise Palestine
Trump's Tariffs: What Has Changed And Who Is Affected
