9m ago 04.59 BST Malaysia says its revised US tariff rate has been achieved without compromising the nation’s sovereign rights after it stood firm on various “red line” issues. Malaysia’s trade ministry said on Friday that the positive outcome of the US tariff talks followed sustained engagement between both governments and was a significant achievement of Malaysia’s thorough and methodical negotiating process, Reuters reports. The US imposed a 19% tariff rate on Malaysia. The ministry said: We will continue to work closely with relevant ministries, agencies to find ways to mitigate the impact of tariffs on Malaysia’s exports. Share Updated at 05.01 BST

23m ago 04.45 BST Across the Tasman Sea, New Zealand was hit with 15% tariffs. The country’s trade minister Todd McClay said he was hoping to have talks with his US counterparts. “The first step will be to talk to them directly. And we’ve engaged in a lot. In fact, it’s been very good engagement,” he told Radio New Zealand. We will be making the case about why this shouldn’t have happened, and engaging very, very quickly again with US officials to clarify this and to seek changes around the new tariffs put on New Zealand exporters. Local news outlet Stuff.com reported that the opposition Labour party’s trade spokesperson, Damien O’Connor, said the new tariff rate was a “slap in the face” for exporters and could lead to higher costs at home. View image in fullscreen The city skyline of Auckland, New Zealand. Photograph: Fiona Goodall/The Guardian Share Updated at 04.53 BST

38m ago 04.31 BST There was good news for Australia in the announcements from Trump – in that it was not mentioned at all. Guardian Australia understands the US government confirmed to the Australian embassy in Washington DC that the baseline 10% tariff rate would remain in place. “The White House has confirmed that no country has reciprocal tariffs lower than Australia,” a spokesperson for Australia’s minister for trade, Don Farrell, said on Friday morning. Get the view from Australia here: Australia dodges latest Trump tariff hikes as trade minister heralds ‘vindication’ for Albanese’s approach Read more Share Updated at 04.53 BST

43m ago 04.25 BST Amy Hawkins, our senior China correspondent, has been reporting on the impact of Trump’s trade war on China’s fast-fashion capital Guangzhou. There, she found millions of workers toiling day and night in informal workshops to produce cheap garments for export. Business was slow, she reports: In Panyu, Yang Ruiping has run his small clothes factory, which specialises in tops and employs about 20 people, for two decades. About 30% of his orders are exported, mostly to Shein and Amazon, down from more than 50% before the pandemic. Although the pause in the trade war has eased the pressure on his business slightly, he still has “little confidence in the US”. “In the recent US-China trade war, if the tariffs go up, we need to lower the production costs to combat it,” he says. “It leaves little room for profit”. With no room to cut wages any lower, Yang says he is already losing money on every top he sells. He keeps accepting the orders in order to keep the factory open, but with the domestic market becoming increasingly competitive, he is aware he might not be able to operate much longer. Read the full story here: China’s fast-fashion capital slows down under Trump’s trade war Read more View image in fullscreen Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou. Photograph: Jade Gao/AFP/Getty Images Share Updated at 04.42 BST

54m ago 04.14 BST More on Cambodia now – deputy prime minister Sun Chanthol has thanked Donald Trump for his understanding in Cambodia’s negotiations to reduce a tariff rate to 19% after initially being set at 49% then later 36% – among the world’s highest levies, Reuters reporting. The news agency quoted Chanthol – Cambodia’s top trade negotiator – as saying in an interview: “If the US maintained 49% or 36%, that industry would collapse in my opinion,” referring to the garment and footwear manufacturing sector, the biggest economic driver in the country of 17.6 million people. People would go to Indonesia, Vietnam … a 16% difference would have been huge. We can live with 5%, anything around that. We are very grateful, for protecting our industry and its employees. We have close to 1 million workers, mainly women, each one of those workers supporting four-five members of their family. It would have been a huge impact if this would have been bad. Cambodia has a big trade surplus with the US, with its exports to the American market accounting for 37.9% of its total shipments in 2024, valued at close to $10bn, according to official data. View image in fullscreen ‘It would have been a huge impact’: Cambodian deputy PM Sun Chanthol. Photograph: Chan Tha Lach/Reuters Share Updated at 04.15 BST

1h ago 03.59 BST The Indian rupee was expected to open slightly weaker on Friday amid worries over the impact of the steep US tariffs on Indian exports and persistent portfolio outflows. Reuters reports the one-month non-deliverable forward indicated the rupee would open in the 87.65-87.70 range versus the US dollar, compared with 87.5950 in the previous session. The rupee declined about 2% in July, with Donald Trump’s threat of a 25% levy on Indian goods – alongside an unspecified penalty – pushing it closer to its all-time low of 87.95. Economists estimate the 25% tariff announced could shave off India’s 2025-26 growth by up to 40 basis points, but analysts and investors also believe India may be able to achieve a lower rate via negotiations. Share

1h ago 03.50 BST Cambodia’s deputy prime minster has said the new 19% tariff rate protects its garment manufacturing industry with its 1 million workers and allows the country to be competitive with its peers. Reuters quotes Sun Chanthol as saying the US’s previous tariff rate – set up to 49% – would have caused the industry to collapse. Share Updated at 03.54 BST

2h ago 03.38 BST Asian stocks tumble amid new Trump tariffs Shares in Asia fell on Friday after the US hit dozens of trading partners with high tariffs. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.7%, bringing the total loss this week to 1.8%. South Korea’s KOSPI plunged 3% while Taiwanese shares fell 0.9%, Reuters reports. Japan’s Nikkei dropped 0.4%. Chinese blue chips were flat and Hong Kong’s Hang Seng index eked out a small gain of 0.2%. “At this point, the reaction in markets has been modest, and I think part of the reason for that is the recent trade deals with the EU, Japan, and South Korea have certainly helped to cushion the impact,” said Tony Sycamore, an analyst at IG. The market now, I think, has probably taken the view that these trade tariff levels can be renegotiated, can be walked lower over the course of time. View image in fullscreen South Korean dealers work in front of monitors at Hana Bank in Seoul, South Korea. Photograph: Jeon Heon-Kyun/EPA Share Updated at 04.44 BST

2h ago 03.29 BST The tariff list – in full Here is a searchable list of the latest reciprocal tariffs announced by the White House: list of tariffs Share

2h ago 03.25 BST Donald Trump has said his new steep tariffs are going “very well, very smooth” – but that he’s open to more deals. The US president also told NBC News he was open to further discussions with Canada, adding that he may even speak with Canadian prime minister Mark Carney later in the night, Reuters reports. Trump signed an executive on Thursday order raising tariffs on Canadian goods to 35% from 25% on all products not covered by the US-Mexico-Canada trade agreement. View image in fullscreen Donald Trump speaks during an executive order signing ceremony in the Roosevelt Room of the White House in Washington. Photograph: Eric Lee/EPA Share Updated at 04.44 BST

English News

National

All 7 Malegaon Blast Accused Acquitted Including Sadhvi Pragya; Trump Calls India ‘dead Economy’, Rahul Gandhi Agrees With US President

Bhaskar Morning Brief: All 7 Malegaon blast accused, including Sadhvi Pragya, acquitted; Trump calls India a ‘dead economy’, Rahul Gandhi says he ‘stated a fact’

3 hours ago

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Bhaskar English brings to you the biggest developments from India and around the world. Here are the top headlines….

The Day Ahead

1. Bihar’s revised draft voter list will be published.

2. 10th day of the Parliament’s Monsoon Session.

3. PM ‘Viksit Bharat Rozgar Yojana’ will be launched, aimed at boosting employment.

News This Morning

All 7 accused, including Sadhvi Pragya, acquitted in Malegaon case: NIA Court says, ‘no proof that bike belonged to Pragya or that Colonel Purohit procured RDX’

A special NIA court in Maharashtra acquitted all seven accused in the 2008 Malegaon blast case, including former BJP MP Sadhvi Pragya Singh Thakur and Lt. Colonel Prasad Purohit. The other accused were Ramesh Upadhyay, Ajay Rahirkar, Sudhakar Chaturvedi, Sameer Kulkarni, and Sudhakar Dhar Dwivedi.

The blast took place on 29 September 2008 in Malegaon, resulting in 6 deaths and injuries to around 100 people. After nearly 17 years of legal proceedings, the verdict was delivered by Judge A.K. Lahoti. Read More

Today’s Top Headlines

1. ‘We will safeguard our national interests’, says Commerce Minister Goyal: Says govt is ‘examining the impact’ of Trump tariffs; Priyanka Gandhi leads oppn protest, slams PM Modi

Union Minister of Commerce and Industry Piyush Goyal addressed the Lok Sabha regarding the Trump tariffs. He said, “Government is examining the impact of the recent events. We will take all necessary steps to safeguard our national interest.” Earlier, the Opposition staged protests over the Bihar voter verification exercise and the US decision to impose tariffs on Indian goods. Read More

2. INS ‘Himgiri’ joins Navy as GRSE delivers major milestone warship: Advanced guided-missile frigate to strengthen India’s maritime power under Project 17A and Atmanirbhar Bharat drive INS Himgiri — an advanced guided-missile stealth frigate — was delivered to the Indian Navy on Thursday, July 31, 2025. The warship is the first of three Project 17A frigates being constructed by Garden Reach Shipbuilders and Engineers (GRSE) under a ₹21,833.36 crore contract aimed at enhancing the Navy’s surface combatant strength. Read More

3. 25% US tariff on India delayed by 7 days: Was set to take effect today; new tariff list for 92 countries released

US President Donald Trump has announced tariffs on 92 countries, including India. The new tariffs will come into effect from August 7. Under this, India will face a 25% tariff, Pakistan 19%, and Canada 35%.

Earlier, on April 2, Trump had announced plans to impose tariffs globally, but postponed the move by 90 days just a week later. A few days later, he extended the deadline to July 3. Read more

4. Earthquake jolts Russia again with 6.5 magnitude: Follows massive 8.8 quake near Kamchatka, over 125 aftershocks shake region in 24 hour

Russia’s Kuril Islands were rocked by another powerful earthquake on Thursday morning, marking the second tremor in just over 24 hours. According to the National Center for Seismology (NCS), the 6.5-magnitude quake struck at 10:57 AM IST, at a shallow depth of 10 kilometers—making it prone to strong aftershocks. Read More

5. India- 204/6 at Stumps on Day 1 of 5th Test: Nair scores 52*; Atkinson, Tongue finish with two wickets apiece for England

India ended Day 1 of the fifth and final Test of the Anderson-Tendulkar Trophy at The Oval in London at 204/6 after being asked to bat first by stand-in captain Ollie Pope.

While Karun Nair finished the day with an unbeaten 52, Washington Sundar (19*) will resume the Indian innings with him on Day 2. Gus Atkinson and Josh Tongue were the pick of the bowlers for England, finishing with two wickets apiece, while Atkinson also affecting a direct hit-run out of Shubman Gill. Read More

6. KKR want to trade KL Rahul ahead of IPL 2026: Three-time champions offer captaincy to wicket-keeper batter, scored 539 runs after joining DC

Kolkata Knight Riders have reportedly made a massive move to regain their lost glory. The 2024 IPL champions are willing to acquire Indian wicket-keeper batter KL Rahul through a trade deal from Delhi Capitals for the IPL 2026 season. KL Rahul played under the leadership of Indian all-rounder Axar Patel at DC in the IPL 2025 season.

7. Trump’s 25% tariffs may reduce India’s GDP by 20-30 bps: Congress MP Tharoor warns US tariffs could hurt Indian exports if duties aren’t eased in upcoming trade talks

Industry experts have weighed in on their opinions on the US President Donald Trump’s imposition of 25% tariffs on Indian imports. Elara Capital’s economist Garima Kapoor said, “If there is no agreement by September-October, we see a 20 basis points (bps) reduction in India’s full-year GDP growth estimate.” Barclays has said that the harsh tax levies can negatively reduce India’s GDP growth by 30 bps in FY26. Read More

8. Silver drops sharply by ₹3,450 to ₹1.11 lakh per kg: Gold prices slip by ₹483 to ₹98,534 per 10 grams, know the rates based on carat

Gold and silver prices saw a decline today, July 31. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold dropped by ₹483 to ₹98,534 per 10 grams, down from ₹99,017. Silver prices also fell sharply, down by ₹3,450 to ₹1,09,950 per kilogram, compared to the previous ₹1,13,400. Read More

9. Karisma Kapoor arrives in Delhi with children amid property dispute: Ex-husband late Sunjay Kapur’s mother, wife face-off over ₹30,000 crore property

Karisma Kapoor was spotted at Delhi airport with her children Kiaan and Samaira, amid an ongoing ₹30,000 crore property dispute involving her ex-husband Sunjay Kapur’s family. The dispute has emerged between Sunjay’s mother Rani Kapur and his current wife Priya Sachdev. Read More

10. Urvashi Rautela’s bag stolen from London airport: Actress claims, jewellery worth ₹70 lakhs in luxury bag, says, tolerating injustice is repeating injustice

At Gatwick Airport in London, Urvashi Rautela’s bag was stolen from the luggage belt. The bag contained jewellery worth ₹70 lakh. The actress revealed this incident through her Instagram story. She mentioned that this theft occurred when she had traveled to London to attend Wimbledon. Read More

Quote of the Day

Bhaskar Originals

Trump’s 25% tariff to hit farmers and artisans hard: What will get costlier or cheaper for you and how India plans to fight back

Will carrying a Kanwar make us a DM or SP?: Students defend teacher booked over ‘Kanwar lene mat jana’ poem, say ‘sir said nothing wrong’

‘Branded a terrorist, he deserves justice not apologies’: Poonch Maulana’s wife demands ₹10 crore after husband’s death in Pakistani shelling

‘The world craves children, but we choose to stay child-free’: As a DINK couple, we see parenthood as a roadblock not a goal

Modi says Nehru gave 80% of water to Pakistan: Shah claims no terror attacks outside Kashmir in 11 years; fact-check of 5 major claims

Women make ₹15 lakh a month selling breast milk: What’s this new business model, its benefits and risks – Watch VIDEO

ISRO-NASA launched NISAR, ₹12,500 crore satellite: New satellite will map Earth in just 12 days; How will India-US collaborative mission save people?

Shivshakti, Mahadev, Sindoor – what’s in a military operation’s name: Codenames, war cries in army battalions; who decides these?

State Bulletins

Rajasthan Evening Wrap: All 7 accused, including Sadhvi Pragya, acquitted in Malegaon case; Fraudsters target Ahmedabad crash victim’s family in Udaipur & more – READ & WATCH

MP Evening Wrap: All 7 accused, including Sadhvi Pragya, acquitted in Malegaon case; 6 Indian companies sanctioned by US over Iran petroleum purchases & more – READ & WATCH

Gujarat Evening Wrap: All 7 accused, including Sadhvi Pragya, acquitted in Malegaon case; Third woman-linked terror plot busted by Gujarat ATS & more – READ & WATCH

English News

International

Trump Imposes Tariffs On 92 Countries Including India

Trump imposes tariffs on 92 countries, including India: To take effect from August 7, China not included in the tariff list

Washington D.C. 2 hours ago

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US President Donald Trump has imposed new tariffs on 92 countries, including India. These will come into effect from August 7. India faces a 25% tariff, while Pakistan has been hit with a 19% tariff.

In South Asia, Pakistan has received the lowest tariff. Meanwhile, Syria has been hit with the highest tariff globally at 41%. Notably, China is not included in this list.

Trump had announced the imposition of tariffs on countries worldwide on April 2, but postponed it for 90 days just a week later. A new deadline was then set for July 31.

Following this, the Trump administration aimed to strike 90 deals in 90 days. However, so far, the US has managed to reach agreements with only 7 countries.

Key points related to the new tariffs

Countries like Laos, Myanmar, and Syria will face the highest tariffs — 40% or more.

If goods are routed through another country to avoid taxes, a 40% tariff will still be applied.

No direct 15% tariff on goods from the European Union. If a product currently has a 10% duty, only 5% more will be added. If the existing duty is already 15% or more, there will be no increase.

China remains under Executive Order 14298 (effective from May 2025), which remains unchanged.

Tariffs on Canada came into effect from the night of August 1, due to its declaration of support for Palestine as an independent country.

Goods already en route to the US before the order takes effect will be taxed under the old rules. The deadline for such shipments is October 5, 2025.

The US customs system will now track each country separately.

Benefits of separate tracking numbers for each country

The US customs system will now assign separate tracking for each country. Until now, many countries were grouped together and subjected to the same tariff rates. With individual tariff rates set for each country, the customs system can now identify each country directly and apply the appropriate tariff, reducing the chances of incorrect charges or exemptions.

According to US officials, some Chinese companies were avoiding tariffs by shipping goods through third-party countries like Laos and Vietnam. Now, with a separate track record for each country, even if goods made in China are being shipped from another country, they can still be traced.

If an exporter tries to mislabel the country of origin to evade tariffs, the system will immediately flag the shipment. For example, if goods are coming from Myanmar but the documents claim they’re from Thailand, the tracking system will catch it.

If the US feels that imports from a particular country are increasing too much or harming American industries, it can now impose country-specific policies or tariffs without affecting other nations.

Learn about the countries, besides India, on which Trump has imposed tariffs…

India: 25% tariff and additional penalty

On July 31, Trump announced a 25% tariff on India, which comes into effect from today. So far, the US had imposed a 10% baseline tariff on India.

The US has also stated that it will penalise India for purchasing weapons and oil from Russia. India’s Ministry of Commerce and Industry said it will assess the implications of this announcement and take all necessary steps to protect national interests.

This tariff could affect sectors such as steel, aluminium, automobiles, textiles, electronics, and jewellery.

China: 30% tariff with a 90-day relief period

In recent months, the US and China were locked in a trade war. The US had imposed a 145% tariff on China, while China had retaliated with a 125% tariff on the US. However, in May, both sides mutually agreed to revise the tariff rates.

The US imposed a 30% tariff, and China announced a 10% tariff on the US. These rates are valid only until August 12. Talks are ongoing between the two countries to decide future tariff levels.

United Kingdom: 10% tariff, 25% on steel and aluminium

Trump signed a trade deal with the UK on May 8, under which tariffs on British automobiles, steel, and aluminium were reduced.

A general tariff rate of 10% will apply. The UK received partial relief from the previous 50% tariff on steel and aluminium, which will now be 25%.

The UK, in return, promised to lower tariffs on US olive oil, wine, and sports equipment.

Japan: 15% tariff and market access commitment

Trump announced a deal with Japan on July 22, under which Japanese goods will now face a 15% tariff, down from the earlier 25%.

Japan committed to investing $550 billion in the US and opening its market to American cars and rice.

This tariff reduction brings relief to Japanese carmakers like Toyota and Honda, who were previously facing a 25% tariff.

President Donald Trump announced the tariff at the White House on April 2, 2025.

European Union: 15% tariff, but talks ongoing on 30% of goods

The United States and the European Union (EU) reached a preliminary trade agreement on July 27. Under this agreement, the US will impose a 15% base tariff on most goods imported from the EU, including cars, pharmaceuticals, and electronic goods.

Trump announced the deal following a meeting in Scotland with EU President Ursula von der Leyen. According to the agreement, the EU will purchase $750 billion (around ₹64 lakh crore) worth of energy from the US over the next three years.

Additionally, the EU will invest $600 billion (approximately ₹51 lakh crore) in the US, primarily in the pharmaceutical, automotive, and defence sectors. However, discussions are still ongoing for tariffs on 30% of goods.

The European Union is the world’s third-largest economy and comprises 27 European countries. The US and EU conduct approximately $3.5 billion in trade every day.

Trade deals with South Korea, Indonesia, Vietnam, and the Philippines

The US has also finalised trade deals with South Korea, Indonesia, Vietnam, and the Philippines.

On July 30, Trump reduced tariffs on South Korean goods from 25% to 15%. In return, South Korea agreed to purchase $100 billion worth of US energy and invest $350 billion in the US.

Earlier, on July 15, Trump imposed a 19% tariff on Indonesian goods, while over 99% of US goods will enter Indonesia tariff-free. Trump also imposed a 19% tariff on the Philippines and a 20% tariff on Vietnam.

Donald Trump signed an executive order on Thursday increasing tariffs on Canadian goods imported to the United States from 25% to 35%.

The new import tax rates goes into effect on Friday, according to a White House factsheet. The tariff would cover all products not covered by the US-Mexico-Canada trade agreement. Goods transshipped to another country to evade the new tariffs would be subject to a transshipment levy of 40%.

The decision comes after months of tariff threats from the Trump administration, and escalating trade tensions that have sowed anger in Canada.

It was announced just hours before a 1 August deadline Trump had imposed on many countries to reach a trade deal with the his administration.

The White House said on Thursday evening that Trump had increased tariffs on Canada because the country had failed to act on “the public health crisis caused by fentanyl and illicit drugs flowing across the northern border into the United States”.

In the early hours of Thursday morning, however, Trump had posted on social media that he might not strike a deal with Canada on tariffs as punishment for its decision to recognize the state of Palestine.

“Wow! Canada has just announced that it is backing statehood for Palestine,” Trump wrote on his Truth Social platform. “That will make it very hard for us to make a Trade Deal with them. Oh’ Canada!!!”

Officials in Ottawa have repeatedly noted that only a minuscule amount of fentanyl entering the US originates from Canada. Still, they have taken measures to strengthen the border.

Howard Lutnick, the US commerce secretary, said Trump could reconsider the tariff if the Canadian prime minister Mark Carney “starts turning on the charm and if he takes off his retaliation”.

Carney had said on Wednesday that trade talks between both countries had been constructive but might not conclude by the deadline. He reiterated a deal removing all US tariffs was unlikely.

Carney has to coordinate his reaction with that of the 10 provinces, some of whom want a hard line and others who prefer a softer approach.

William Huggins, an assistant professor in economics at McMaster University in Ontario, told the Guardian that Canada was in a vulnerable economic position, having closely intertwined its economy with its larger neighbor.

“Canada has tried to negotiate sort of forcefully from a position of not acquiescing to every demand, but by the same token, has also realised it’s not in the strongest position to do so … We’ve had to navigate carefully,” said Huggins.

Canada sends around 75% of all its exports south of the border.

Since March, Trump had imposed several tariffs on Canadian goods and energy resources, including a 25% tariff on all goods, excluding potash and energy products, and a separate 10% tariff on energy resources, including potash. There’s was also a 50% tariff on steel and aluminum imports and a 25% tariff on autos and auto parts.

Carney told reporters in June that if the two countries do not reach a trade deal by 1 August, Canada would likely impose more counter levies on US exports of steel and aluminum.

US President Donald Trump has issued a sweeping executive order revamping tariff policy, marking one of the most extensive trade crackdowns since his initial announcement in April. The move, unveiled just ahead of a Friday deadline, will see significant changes in the way goods from around the world are taxed upon entering the United States.

Under the new directive, all imported goods will face a baseline 10% tariff — with one major exception: 92 countries will be subjected to steeper, country-specific rates. Topping the list is Syria, whose exports will now be hit with a 41% tariff.

Allies, Rivals, And Everyone In Between

While countries like the United Kingdom and Brazil remain at the default 10% rate, Trump’s prior executive order slapped an additional 40% duty on select Brazilian goods. That penalty came in response to Brazil’s prosecution of its former president, Jair Bolsonaro, over his alleged role in an attempted coup after losing an election. Though key exports like wood pulp, metals, and aircraft were spared from the added tariff, coffee was notably left out — and remains subject to the full increase.

Meanwhile, goods from the Falkland Islands — a British overseas territory — also fall under the standard 10% rate.

Imports from the European Union will be met with a 15% tariff, following negotiations between Washington and the 27-member bloc. This represents a notable shift from the broader approach announced during Trump’s Rose Garden event earlier this year.

Higher Tariffs Will Go Into Effect On August 7

#BREAKING Senior White House official says higher tariffs ordered by Trump on dozens of trade partners will go into effect on August 7 pic.twitter.com/8ZaerFArwa — AFP News Agency (@AFP) August 1, 2025

Winners and Losers in the Revised Rate Sheet

Several nations saw dramatic reductions in their tariffs:

Vietnam: From 46% down to 20%

From 46% down to 20% Bangladesh: Dropped from 37% to 20%

Dropped from 37% to 20% Cambodia: Cut from 49% to 19%

Cut from 49% to 19% Sri Lanka: Reduced from 44% to 20%

Reduced from 44% to 20% Thailand: Now at 19%, down from 36%

Now at 19%, down from 36% Lesotho: Slashed from 50% to 15%

Slashed from 50% to 15% Laos: Still heavily penalized at 40%, but down from 48%

Still heavily penalized at 40%, but down from 48% Pakistan: 19%

But not every country fared as well. The Philippines, whose president Bongbong Marcos recently made a high-profile visit to the White House, saw its tariff rate rise slightly — from 17% to 19%. South Africa’s rate held steady at 30%, despite ongoing tensions over past comments Trump made regarding the country’s racial dynamics.

Some of Trump’s closest global allies received only modest breaks. Tariffs on Serbian goods fell just two points to 35%, while Israeli imports saw a slight drop from 17% to 15%. India — under Prime Minister Narendra Modi — saw its rate dip from 26% to 25%.

In contrast, Switzerland, known for its tight economic relationship with the EU, was dealt a sharp increase, jumping from 31% to 39%.

Canada in the Crosshairs

In a separate but related move, Trump raised tariffs on Canadian imports from 25% to 35%. The White House cited national security concerns, pointing to what it called a “public health crisis” caused by the flow of fentanyl and other illicit drugs across the US-Canada border. The move was justified under the International Emergency Economic Powers Act, a 1977 statute that Trump has repeatedly used to justify his trade actions.

Yet hours before signing the order, Trump appeared to reveal a different motivation. In a post on Truth Social, he criticized Canada for recognizing the state of Palestine — a diplomatic move he strongly opposed.

“Wow! Canada has just announced that it is backing statehood for Palestine,” he wrote. “That will make it very hard for us to make a Trade Deal with them. Oh’ Canada!!!”