Overview

• Trump confirms a 15% tariff cap on EU imports as agreed with Ursula von der Leyen in Scotland.
• Tariffs on Canadian goods increase to 35% for products outside existing free-trade pacts.
• A baseline 10% duty applies to unlisted nations, with top rates up to 41% on Syrian imports.
• U.S. Customs and Border Protection will levy a 40% surcharge on any goods transshipped to evade higher rates.
• The new tariffs replace earlier Section 232 and 301 measures and are scheduled to take effect on August 7.