U.S. President Donald Trump speaks to the media arsenic helium arrives astatine Glasgow Prestwick Airport connected July 25, 2025, successful Prestwick, Scotland.
Andrew Harnik | Getty Images News | Getty Images
What you request to know
- U.S. President Donald Trump signed an enforcement bid that adjusted alleged "reciprocal" tariffs connected a slew of countries, with caller levies ranging from 10% to 41%.
- Trump told NBC News successful a telephone interrogation that helium was unfastened to much compelling offers, but it was "too late" for immoderate nations to debar duties arsenic of adjacent week.
- World leaders person been reacting to the developments.
CNBC's reporters covered the tariffs and their effect, connected aerial and online from our bureaus successful Washington; London; Singapore; San Francisco; and Englewood Cliffs, New Jersey.
How Asian countries person reacted to Trump's new, rejigged tariffs
In Asia, leaders from Taiwan, Cambodia and Japan person reacted to the caller tariff rates from U.S. President Donald Trump, with immoderate expressing optimism implicit little levy rates.
Some governments, similar those of Japan and Thailand, had besides promised enactment to assistance businesses header with the interaction of the tariffs.
Australia, which received the lowest tariff of 10%, saw its commercialized minister reportedly hail this arsenic a "vindication" for the government, adding that the state had conducted diplomacy with the U.S. successful a "cool and calm" way.
Read much reactions to the Trump tariffs here.
— Lim Hui Jie, Sophie Kiderlin
New tariff regime
US President Donald Trump has updated tariff rates for a spate of countries, ramping up commercialized barriers with immoderate of Washington's closest trading allies.
Among those hit, Canada has been slapped with a 35%, portion Switzerland's complaint is present 39%, portion Taiwan faces a 20% duty. Trump had antecedently announced India would beryllium deed with a 25% rate.
All of the recently unveiled tariff rates travel into effect from Aug. 7.
Mexico has been granted a 90-day hold arsenic negotiators proceed commercialized talks.
— Michael Considine
English (US) ·