Numerous countries are grappling with increased taxes on their exports to the US following the implementation of Donald Trump’s latest set of country-specific tariffs. These “reciprocal” levies, announced by the White House just before a previous deadline on August 1st expired, became effective at 12:01 AM Washington time on Thursday. The rates vary from 41% on war-torn Syria to 10% for the UK and will be applied in addition to the usual tariffs on products imported into the US. With rising trade tensions, governments worldwide are actively seeking deals to avoid these border taxes and prevent investing determent and job losses.
Source: https://www.theguardian.com/us-news/2025/aug/07/trump-tariffs-come-into-force-taxes-us-exports
