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August 5, 2025

IEEPA Reciprocal Tariffs Effective August 7 2025

The U.S. administration released a new executive order modifying the reciprocal tariff rates. The new tariff rates (ranging from 10-41%) are effective for goods entered for sale or withdrawn from a warehouse for sale on or after 12:01am ET 7 days from the date of July 31, 2025.

The new adjusted reciprocal tariff rates can be found below and in the executive order. Any country not listed in Annex I of the executive order will be subject to a 10% reciprocal tariff. This order does not change or impact Executive Order 14298, issued on May 12, 2025, which modifies reciprocal tariff rates based on discussions with China. Provisional HTS codes can be found in Annex II.

If U.S. Customs determines transshipment was used to evade the executive order, the goods will be subject to an additional 40% duty rate instead of the rate applicable under this executive order, with additional fines or penalties. Also, CBP will not allow any fine or penalty mitigation.

There is an exception for “goods loaded onto a vessel at the port of loading and in transit on the final mode of transit before 12:01am ET 7 days after the date of this order, and entered for consumption, or withdrawn from warehouse for consumption, before 12:01am ET on October 5, 2025.”

U.S. Customs and Border Protection provided guidance (CSMS # 65829726) on implementing this executive order, effective August 7, 2025.

Annex I

Countries and TerritoriesReciprocal Tariff, AdjustedAfghanistan15%Algeria30%Angola15%Bangladesh20%Bolivia15%Bosnia and Herzegovina30%Botswana15%Brazil10%Brunei25%Cambodia19%Cameroon15%Chad15%Costa Rica15%Côte d`Ivoire15%Democratic Republic of the Congo15%Ecuador15%Equatorial Guinea15%European Union: Goods with Column 1 Duty Rate[1] > 15%0%European Union: Goods with Column 1 Duty Rate < 15%15% minus Column 1 Duty RateFalkland Islands10%Fiji15%Ghana15%Guyana15%Iceland15%India25%Indonesia19%Iraq35%Israel15%Japan15%Jordan15%Kazakhstan25%Laos40%Lesotho15%Libya30%Liechtenstein15%Madagascar15%Malawi15%Malaysia19%Mauritius15%Moldova25%Mozambique15%

Myanmar (Burma)40%Namibia15%Nauru15%New Zealand15%Nicaragua18%Nigeria15%North Macedonia15%Norway15%Pakistan19%Papua New Guinea15%Philippines19%Serbia35%South Africa30%South Korea15%Sri Lanka20%Switzerland39%Syria41%Taiwan20%Thailand19%Trinidad and Tobago15%Tunisia25%Turkey15%Uganda15%United Kingdom10%Vanuatu15%Venezuela15%Vietnam20%Zambia15%Zimbabwe15%

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