Country-by-Country Tariff Impact Overview
| Country | Tariff Rate (Aug 1) | Key Sectors Affected | Response / Status |
| Canada | 35% | Metals, agriculture, consumer goods | Negotiations stalled; retaliatory tariffs likely by July 21. USMCA goods may be exempt. |
| Mexico | 30% | Autos, steel, potash | Talks ongoing; U.S. demands cartel enforcement. Retaliation possible. |
| European Union | 30% | Autos, pharmaceuticals, dairy | Preparing $84B in counter-tariffs. Talks continue but strained. |
| Brazil | 50% | Agriculture, metals, tech | Tariff seen as political; Brazil may invoke Economic Reciprocity Law. |
| India | ~20% (pending deal) | Jewelry, textiles, auto parts | Framework deal in progress; hopes to stay under 20%. |
| China | 30% (until Aug 12) | Electronics, machinery, rare earths | Truce extended; broader deal under negotiation. |
| Japan | 25% | Autos, electronics, steel | Negotiations stalled; may offer ag concessions. |
| South Korea | 25% | Autos, semiconductors, chemicals | Tariffs layered atop sectoral duties; investment in U.S. at risk. |
| Indonesia | 19% (after deal) | Textiles, rubber, electronics | Deal finalized after intense talks; avoids 32% rate. |
| Vietnam | 20% (deal) / 40% (transship) | Footwear, electronics, apparel | Deal reached; transshipped goods face higher rate. |
| Thailand | 36% | Seafood, electronics, auto parts | Negotiations ongoing; strong domestic opposition. |
| Russia | Up to 100% (secondary) | Oil, metals | Tariffs used as leverage to end war in Ukraine. |
| Malaysia | 25% | Semiconductors, electronics | Sector exemptions under review; BRICS surcharge possible. |
| South Africa | 30% | Autos, steel | AGOA benefits nullified; submitted detailed concession package. |
| Laos | 40% | Apparel, light manufacturing | Disputes trade deficit data; fears indirect economic shock. |
| Myanmar | 40% | Garments | Tariff acts as de facto sanction; garment industry collapse. |
| United Kingdom | 10% (deal) | Cars, aerospace | Deal signed; exempt from major tariffs. |
| Pakistan | ~29% (pending) | Textiles, agriculture | Negotiations ongoing; no final rate announced. |
| Switzerland | 31% | Pharma, watches, machinery | Talks active; deal possible before Aug 1. |
Notable Trends & Strategic Moves
- BRICS Surcharge: Countries aligning with BRICS (e.g. South Africa, Malaysia) may face an extra 10% tariff.
- Transshipping Penalties: Vietnam and others face 40% tariffs on goods rerouted from China.
- Pharmaceuticals & Copper: U.S. plans 200% pharma tariffs and 50% copper tariffs, with delayed implementation.
- Legal Uncertainty: The July 31 court hearing could block or validate the entire tariff framework.
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