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20h ago

Trump Plans Broad Tariffs on Coffee, Apparel, Rice and Copper Starting August 1

Tariff threats leverage national security powers to extract trade concessions with the potential to raise consumer prices.

China, Vietnam and Bangladesh -- whose workers are seen here -- accounted for more than half of US apparel imports in the first five months of 2025
Coffee is among the many products imported to the United States that face steep potential tariffs
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A stevedore in Guayaquil, Ecuador loads a sack of cocoa into a container for export

Overview

  • President Trump’s administration has warned dozens of trading partners that they must secure bilateral accords by August 1 or face new tariffs imposed under national security powers.
  • Economists warn that steeper import duties will add to business costs, push up consumer prices and risk dampening U.S. household spending.
  • Coffee imports from Brazil face a 50 percent tariff threat and beans from Vietnam will incur a 20 percent additional levy starting August 1.
  • Apparel from China, Bangladesh and Vietnam could see duties rise to 30 percent, 35 percent and variable rates, respectively, while aromatic rice from Thailand, India and Pakistan would be taxed at up to 36 percent.
  • Cocoa bean and butter shipments will face tariffs of 21 percent on Ivory Coast beans and 19 percent to 25 percent on butter from Indonesia and Malaysia, while copper imports carry a looming 50 percent duty that consultants say could add $8.6 billion to material costs.