Trump stirs up trade waves again: 14 countries' tariff adjustments and executive order turmoil
Date：2025-07-09 10:29:00 View：
Recently, US President Trump has made frequent moves in the field of international trade, and a series of tariff policy adjustments have attracted global attention. The logic behind the trade game is gradually becoming clear.
On July 7th, Trump announced on social media that he would impose a 25% tariff on all Japanese and South Korean products imported to the United States starting from August 1st. To prevent tariff evasion, he explicitly stated that the act of evading tariffs through third-party transportation will face higher tax rates.
However, Japanese and Korean companies that build factories or produce products in the United States are exempt from paying this tariff. At the same time, Trump also issued a tough threat: if Japan and South Korea impose retaliatory tariffs on American goods, the United States will add an equal amount of tariffs on top of the 25%. In letters to relevant countries, he further emphasized that these tariff rates are not fixed and will be dynamically adjusted based on the relationship between the US and the country.
Except for Japan and South Korea, the tariff rates of other countries also vary.
Impose a 25% tariff on products imported from Kazakhstan and Malaysia to the United States; The tariff on South African products imported to the United States is 30%
The tariffs on products imported from Laos and Myanmar to the United States are as high as 40%.
Trump said that this tariff is independent of various industry-specific tariffs and companies that build or produce in the United States do not need to pay. If the relevant countries take retaliatory measures, the United States will retaliate equally.
In addition, seven countries including Indonesia and Bosnia and Herzegovina were not spared.
The tariffs on Indonesian exports to the United States are 32%, Bosnia and Herzegovina is 30%, Bangladesh and Serbia are 35%, Cambodia and Thailand are 36%, and Tunisia is 25%.
On the 7th, the White House website released a statement stating that Trump signed an executive order to extend some of the tariff rates originally scheduled to expire on July 9th until August 1st, 2025, and sent letters to multiple countries announcing the new equivalent tariff rates, which will take effect on August 1st.
It is reported that the current tariff policy logic of the United States is a "10% benchmark+N% deficit surcharge", and Southeast Asian countries that rely on exports to the United States have become heavily affected by high tax rates.
In the first half of this year, the United States imposed so-called "equivalent tariffs" and negotiated with multiple trading partners, but the progress fell far short of US expectations. Currently, only trade agreements have been reached with the United Kingdom and Vietnam, and the details of the agreements have yet to be finalized. Negotiations with the European Union, Japan, South Korea, India, and others are making difficult progress.
Trump's announcement of tariff rates and signing of executive orders are aimed at urging countries to return to the negotiating table as soon as possible. Next, countermeasures taken by various countries will become the focus of attention in the next stage of global trade, and the international trade situation may become more complex and volatile as a result.