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yesterday

U.S. Rolls Out 15%–41% Reciprocal Tariffs, Average Rate Hits 20.1%

The move uses emergency-security powers to rebalance trade and curb Russia’s war financing, stoking exemption talks and foreshadowing 100% levies on semiconductors and pharmaceuticals.

Photo illustrant l'indice CAC 40 prise dans les locaux de l'opérateur boursier européen Euronext dans le quartier de La Défense, près de Paris, le 27 avril 2018
Un opérateur à la Bourse de New York le 7 août 2025
Un opérateur à la Bourse de New York le 7 août 2025
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Overview

  • Effective August 7, the U.S. replaced its 10% universal surcharge with reciprocal tariffs ranging from 15% to 41% on goods from over 90 trading partners.
  • The average applied U.S. tariff rate has climbed to 20.1%, the highest level since the 1910s, according to WTO and IMF assessments.
  • Seven preliminary 15% tariff agreements with the European Union, Japan, and the United Kingdom hinge on exemptions and formal ratification.
  • Separate presidential decrees maintain 50% duties on Brazilian imports and impose an initial 25% levy on Indian goods set to rise to 50% in three weeks.
  • The administration is weighing further measures, including potential 100% tariffs on imported pharmaceuticals and semiconductors.