U.S. Announces Sweeping New Tariffs on 30+ Countries

The United States has rolled out a broad set of new import tariffs this week, targeting over 30 countries and economic blocs in a sharp escalation of its trade protection measures, according to list from WatcherGuru.

The new rates range from 20% to as high as 50%, signaling a bold shift in trade policy aimed at reshaping global supply chains.

Among the most heavily impacted are Brazil, hit with a steep 50% tariff, and Myanmar and Laos, both facing 40% duties. Other major economies targeted include the European Union (30%), South Korea (25%), Canada (35%), Mexico (30%), and Japan (25%).

The tariffs appear to disproportionately affect emerging markets and manufacturing hubs across Asia and Africa. Southeast Asian nations such as Indonesia (32%), Thailand (36%), Cambodia (36%), and Malaysia (25%) are all included. South Asian countries like Bangladesh (35%), Sri Lanka (30%), and India’s neighbors face steep penalties as well.

U.S. officials have not publicly commented on the motive behind the across-the-board hikes, but the scale and timing suggest a coordinated economic maneuver to address perceived trade imbalances and to bring critical industries back onshore.

READ MORE:

Most Trending Cryptocurrencies on CoinGecko After Bitcoin’s New ATH

The full list also includes:

• South Africa, Algeria, Bosnia, Mexico, and Iraq at 30%
• Serbia and Canada at 35%
• Tunisia, Brunei, Kazakhstan, and Moldova at 25%
• Philippines facing the lowest rate at 20%

The sweeping scope of the tariffs is already raising alarms across global markets. Analysts warn this could trigger retaliatory trade measures and disrupt key commodity and technology supply lines if not paired with immediate negotiations or exemptions.

With Brazil and the EU both facing some of the highest rates, geopolitical tensions may rise as affected nations assess their response. Market watchers will be looking closely at export data, diplomatic channels, and the U.S. trade calendar for clues about what’s next.

Source

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.