News Advisories

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 The new tariff rates (ranging from 10-41%) are effective for goods entered for sale or withdrawn from a warehouse for sale on or after 12:01am ET 7 days from the date of July 31, 2025.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on the final mode of transit before 12:01am ET 7 days after the date of this order, and entered for consumption, or withdrawn from warehouse for consumption, before 12:01am ET on October 5, 2025.”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 Territories Reciprocal Tariff, Adjusted
Afghanistan 15%
Algeria 30%
Angola 15%
Bangladesh 20%
Bolivia 15%
Bosnia and Herzegovina 30%
Botswana 15%
Brazil 10%
Brunei 25%
Cambodia 19%
Cameroon 15%
Chad 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[1] > 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%

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