Fact Sheet: President Donald J. Trump Continues Enforcement of Reciprocal Tariffs and Announces New Tariff Rates The White House, July 7, 2025.
KEEPING
AMERICA IN THE DRIVER’S SEAT: Today, President Donald J. Trump signed an
Executive Order determining that certain tariff rates, which were initially set
to expire on July 9, will expire on August 1, 2025. President Trump also sent
tariff letters to many countries informing them of their new reciprocal tariff
rates, which will take effect on August 1.
· President Trump took
these actions based on information and recommendations from senior officials,
including information on the status of trade negotiations.
o Since President Trump
modified the tariff rates roughly 90 days ago, dozens of countries have agreed
or offered to lower their tariff rates and eliminate non-tariff barriers to
move toward a more balanced trade relationship with the United States.
o Notwithstanding this
significant and historic progress, the U.S. trade deficit remains severe.
o While the United States
is open to additional trade discussions and deals, President Trump is taking
action to establish trade relations going forward.
· President Trump sent
letters to many countries explaining that, starting August 1, they will be
subject to new reciprocal tariff rates designed to make the terms of our
bilateral trade relationships more reciprocal over time and to address the
national emergency caused by the massive U.S. goods trade deficit.
o In some instances,
countries will be subject to a revised reciprocal tariff rate that is lower
than the rate initially announced on April 2.
o For others, the
reciprocal tariff rate may be higher than the previous rate.
· The President may send
more letters in the coming days and weeks. The countries he sent letters to
today include:
o Japan (25%)
o Korea (25%)
o South Africa (30%)
o Kazakhstan (25%)
o Laos (40%)
o Malaysia (25%)
o Myanmar (40%)
o Tunisia (25%)
o Bosnia and Herzegovina
(30%)
o Indonesia (32%)
o Bangladesh (35%)
o Serbia (35%)
o Cambodia (36%)
o Thailand (36%)
TAKING
BACK OUR ECONOMIC SOVEREIGNTY: Today’s Order, combined with letters sent to
trading partners, underscores President Trump’s commitment to take back
America’s economic sovereignty by addressing many nonreciprocal trade
relationships that threaten our economic and national security.
· President Trump is the
best trade negotiator in history. His strategy has focused on addressing
systemic imbalances in our tariff rates that have tilted the playing field in
favor of our trading partners for decades.
· Countries that aren’t
serious about addressing the tariff and non-tariff trade barriers that impede
American exports and harm American workers, farmers, and businesses are facing
the consequences.
· President Trump
welcomes the business of our trading partners on American soil: as these
countries are aware, there will be no tariff if they decide to build or
manufacture products in our country.
o President Trump has
committed that the United States will do everything possible to get approvals
quickly, professionally, and routinely to bring back manufacturing jobs for
Americans.
· President Trump is using tariffs as the necessary and powerful tool to put America First after many years of unsustainable trade deficits that threaten our economy and national security.
LIBERATING
AMERICA FROM UNFAIR TRADE PRACTICES: Since Day One, President Trump
challenged the assumption that American workers and businesses must tolerate
unfair trade practices that have disadvantaged them for decades and contributed
to our historic trade deficit.
· On April 2, President
Trump declared a national emergency in response to the large and persistent
U.S. goods trade deficit caused by a lack of reciprocity in our bilateral trade
relationships, unfair tariff and non-tariff barriers, and U.S. trading partners’
economic policies that suppress domestic wages and consumption.
· President Trump
continues to advance the interests of the American people by calling on trading
partners to remove tariff and non-tariff barriers and expanding market access
for American exporters.
· Today’s announcement, based on reciprocity and fairness, will help usher in a Golden Age for the American People.
Comments
I expect the US Import Tariffs to moderate as these countries choose to negotiate Deals. Trump is “encouraging” countries to use Reciprocal Trade. He wants these countries to lower their high Tariffs on US goods. The consumers in these countries may or may not choose to purchase these US goods, but the trade barriers will be removed. May the best products win.
Japan has already opened their markets and lowered their Tariff from 25% to 15%.
Norb Leahy, Dunwoody GA Tea Party Leader
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