Market updates
U.S. Imposes New Import Tariffs Effective from 12:01 AM, August 7, 2025
U.S. imposes new tariffs on ASEAN from August 7; Vietnam faces up to 40%. Vantage Logistics helps exporters optimize routes and ensure compliance.
Official Announcement from the U.S. Government
On July 31, 2025 (U.S. time), President Donald Trump signed an executive order imposing new tariffs on imported goods from multiple countries. The new tariff rates, ranging from 10% to 41%, will take effect from 12:01 AM EDT on August 7, 2025.
For Canada, the tariff will increase from 25% to 35%, effective August 1.
Taiwan (China) will be subject to a 20% tariff.
The highest rate of 41% applies to Syria, followed by Laos and Myanmar at 40%.
Countries subject to tariffs of 30% or higher include Algeria, Bosnia and Herzegovina, Iraq, Serbia, South Africa, and Sweden.
Six countries face a 19% tariff: Cambodia, Indonesia, Malaysia, Pakistan, the Philippines, and Thailand; Nicaragua will face 18%.
39 countries are subject to a 15% tariff, including: Afghanistan, Angola, Bolivia, Botswana, Cameroon, Chad, Costa Rica, Côte d’Ivoire, Democratic Republic of the Congo, Ecuador, Equatorial Guinea, Fiji, Ghana, Guyana, South Korea, Iceland, Israel, Jordan, Lesotho, Liechtenstein, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Nauru, New Zealand, Nigeria, North Macedonia, Norway, Papua New Guinea, Trinidad and Tobago, Turkey, Uganda, Vanuatu, Venezuela, Zambia, Zimbabwe, and Japan.
Four countries will face the lowest tariff rate of 10%, including Australia, Brazil, the United Kingdom, and the Falkland Islands.
Goods originating from countries not listed in the annex will be subject to a default tariff of 10%.
A 40% tariff will apply to shipments suspected of transshipment via third countries.
In addition to reciprocal tariffs, some countries will be subject to additional duties, with Brazil facing a total tariff rate of up to 50%.
Mexico will receive a 90-day grace period before a 30% tariff is imposed, allowing time for further trade negotiations.
Effective Timeline:
Shipments loaded on or after August 7, 2025 (EDT) will be subject to the new tariff rates.
Shipments loaded on vessels before August 7, 2025 (EDT), arriving at U.S. ports and completing customs clearance before 12:00 AM on October 5, 2025 (EDT) will be subject to previous tariff rates.
Previously, on July 2, 2025, the U.S. and Vietnam agreed to apply a 20% tariff on Vietnamese exports.
The U.S. will impose new tariffs on imports starting August 7 – Vietnam will face rates of 20%
The broad implementation of increased tariffs reflects the U.S.’s tighter enforcement of rules of origin and bilateral trade balancing. This development presents both a challenge and an opportunity for exporters to optimize their supply chains, enhance product value, and standardize origin documentation to remain competitive. Businesses must also assess the impact of these changes and reevaluate their competitive positioning against peer exporters to the U.S. market, as well as adjust their operational strategies accordingly.
Vantage Logistics – Your Partner in Navigating New U.S. Trade Policies
Vantage Logistics is committed to supporting exporters with comprehensive and cost-optimized logistics solutions for shipments to the U.S.:
Route consulting to help maximize the window before new tariffs.
Customs and certificate of origin solutions to ensure compliance and minimize risk.
End-to-end multimodal transport and warehousing services for cost control across the supply chain.
We are ready to work with you to adjust export plans, manage logistics costs, and leverage emerging opportunities in the U.S. market amid evolving trade policies.
Annex: Adjusted Reciprocal Tariff Rates by Country and Territory
Countries and Territories
Reciprocal Tariff, Adjusted
Afghanistan (Afghanistan)
15%
Algeria (Algiêri)
30%
Angola
15%
Bangladesh (Bangladesh)
20%
Bolivia (Bolivia)
15%
Bosnia and Herzegovina (Bosna và Herzegovina)
30%
Botswana
15%
Brazil (Brazil)
10%
Brunei (Brunei)
25%
Cambodia (Campuchia)
19%
Cameroon (Cameroon)
15%
Chad (Tchad)
15%
Costa Rica
15%
Côte d’Ivoire
15%
Democratic Republic of the Congo
15%
Ecuador
15%
Equatorial Guinea
15%
European Union: Goods with Column 1 Duty Rate> 15%
0%
European Union: Goods with Column 1 Duty Rate < 15%
15% minus Column 1 Duty Rate
Falkland Islands
10%
Fiji
15%
Ghana
15%
Guyana
15%
Iceland
15%
India
25%
Indonesia
19%
Iraq
35%
Israel
15%
Japan
15%
Jordan
15%
Kazakhstan
25%
Laos
40%
Lesotho
15%
Libya
30%
Liechtenstein
15%
Madagascar
15%
Malawi
15%
Malaysia
19%
Mauritius
15%
Moldova
25%
Mozambique
15%
Myanmar (Burma)
40%
Namibia
15%
Nauru
15%
New Zealand
15%
Nicaragua
18%
Nigeria
15%
North Macedonia
15%
Norway
15%
Pakistan
19%
Papua New Guinea
15%
Philippines
19%
Serbia
35%
South Africa
30%
South Korea
15%
Sri Lanka
20%
Switzerland
39%
Syria
41%
Taiwan
20%
Thailand
19%
Trinidad and Tobago
15%
Tunisia
25%
Turkey
15%
Uganda
15%
United Kingdom
10%
Vanuatu
15%
Venezuela
15%
Vietnam
20%
Zambia
15%
Zimbabwe
15%
(Source: whitehouse.gov)...