Overview

• The executive order sets a 10 percent baseline tariff on all imports and applies steeper rates for countries without agreements.
• Deal-making partners secure reduced duties, with the United Kingdom at 10 percent, Japan and South Korea at 15 percent, and Indonesia and Thailand at 19 percent.
• Non-compliant nations confront punitive levies such as Canada at 35 percent, Brazil at 50 percent, India at 25 percent, and Syria at 41 percent.
• Trading partners have a final week to clinch concessions before the August 7 implementation date, while China faces its own August 12 deadline.
• Analysts warn the sharp levies could drive up consumer prices, disrupt supply chains and prompt legal challenges over emergency economic powers.