Trump announces new fares for the world; Brazil has the largest and Argentina, the smallest

The President of the United States, Donald Trump, signed last Thursday (31) an executive order that defines new reciprocal tariffs for dozens of countries and territories, mostly effective, From August 7.

For many cases, the announcement only officializes the tariff that was already known, as is the case with Brazil, but for others, as is the case of Canada, the value has risen: with the negotiations locked, the country was subject to an import tax of 35%.

Trump states that the new rates were defined after he received “additional information and recommendations from various high employees on, among other matters, the continuous lack of reciprocity on our bilateral trade and the impact of different non -tariff and non -tariff barriers to foreign commercial partners on US exports”

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“I also received information and additional recommendations on foreign foreign relations, economic and national security issues, including the status of commercial negotiations, efforts to retaliate the US,” the US president said on the White House website.

How are the tariffs from now on

For countries with “significant commercial deficit compared to the US,” according to the White House, charges range from 10% to 41%, according to negotiation with each government.

Some countries have negotiated more favorable tariffs. For example, Argentina and a group of about 90 countries will maintain 10%, the lowest achieved by any nationwhile Canada will be 35% and New Zealand with 15%.

The situation of Brazil does not change. It is subject to 10 % reciprocal tariff, plus a specific 40 % applied surcharge from August 6, totaling a total rate of 50 % on imports on Brazilian products, the largest imposed by the US on any country in the world. On the other hand, including metals, orange juice, oil and derivatives and aircraft.

expressly expanding the entry cost of national products in the US market. The measure also serves as retaliation for Brazilian policies in areas such as technology and the conduct of the judicial process against former President Jair Bolsonaro by the STF.

Check out a summary of the situation of each country at the moment:

1. Countries that have been imposed by tariffs

2. Countries that negotiated tariffs

3. Countries that still negotiate tariffs

4. Countries that have been the base fare