How countries are reacting to Trump’s latest tariff announcements as deadline looms

U.S. President Donald Trump on Thursday stateside rejigged the so-called “reciprocal” tariff charges for a number of countries, forward of the Friday deadline introduced earlier.

The White Home additionally introduced a 40% tariff price for all items transshipped to the U.S. to keep away from the relevant duties.

Countries not listed within the latest order will face an extra responsibility of 10%. The latest directive modifies tariffs imposed below the sooner government order issued in April.

Trump in a put up on Wednesday stated, “THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE — IT STANDS STRONG, AND WILL NOT BE EXTENDED. A BIG DAY FOR AMERICA!!!” A White Home official, nevertheless, instructed CNBC-TV18 on Friday that “reciprocal” duties would take impact from Aug. 7.

Right here are reactions to Trump’s latest tariff announcements from countries all over the world as the clock ticks down to an unsure deadline.

“It is a excellent news for the residents and economic system of Cambodia to proceed creating the nation,” Cambodian Prime Minister Hun Manet stated in a Fb put up on Friday after the revised desk of tariffs was launched.

Cambodia now faces 19% duties, an enormous minimize from the “Liberation Day” tariff degree of 49% — which had been among the many highest charges introduced on April 2.

Manet additionally thanked Trump for “initiating and pushing for ceasefire between [the] Cambodian military and Thai military.” The 2 countries had been concerned in a border battle final week.

Thailand’s Finance Minister Pichai Chunhavajira stated in a put up on X that the tariff price levied on the nation “displays the shut friendship and partnership between Thailand and america,” in accordance to a Google translation of his assertion in Thai. The nation faces 19% tariffs on exports to the U.S, decrease than the unique 36%.

Chunhavajira added that the introduced tariff helps Thailand stay aggressive on the worldwide stage, builds investor confidence and permits financial progress.

Nonetheless, he stated that the federal government acknowledges the affect of the tariffs on entrepreneurs and farmers, and has ready “complete assist measures,” together with comfortable loans, subsidies, and tax measures so as to assist Thailand adapt.

Taiwan has been hit with a 20% “short-term tariff,” President Lai Ching-te stated on his Fb web page, including that negotiations had been nonetheless ongoing.

That is decrease than the 32% price introduced on April 2. “If an settlement is reached, it may be anticipated that the tariff price will probably be additional diminished,” Lai wrote on Friday.

Taiwan will even talk about provide chain cooperation and points associated to Part 232 sooner or later, he added, referring to the sectoral tariffs that Trump had imposed on nationwide safety grounds.

Malaysia noticed its tariff price diminished to 19% from the 25% introduced in a “tariff letter” despatched to the nation in July.

Earlier than the manager order, Malaysian Prime Minister Anwar Ibrahim instructed the nation’s parliament that “Tomorrow’s [Aug. 1] normal tariff price will ease and never burden our economic system,” in accordance to a CNBC translation of his speech in Malay

He additionally confirmed that Trump can be attending the forty seventh ASEAN summit in October, being held in Malaysia. The U.S. President attended just one ASEAN Summit in his first time period.

Asia’s second-largest economic system had struck a take care of Trump that introduced tariffs on Japanese exports down to 15% from 25%, on July 23. The settlement additionally slashed duties on the nation’s essential vehicle sector down to 15%.

In a press convention on Friday, Chief Cupboard Secretary Yoshimasa Hayashi stated the brand new tariff charges “will scale back uncertainty relating to U.S. commerce coverage and decrease the chance of a downturn in our economic system and the worldwide economic system,” nationwide broadcaster NHK reported.

Japan will proceed to urge the U.S. to signal the presidential order to deliver auto tariffs down as quickly as potential, Hayashi added, in accordance to a Google translation of his speech in Japanese.

He additionally stated the nation will “do all the pieces we are able to” to mitigate the tariff affect, together with supporting the financing of small and medium-sized enterprises.

Having not arrived at a take care of the U.S. President, India faces 25% tariff within the rejigged desk, the identical as introduced on Wednesday.

On Thursday, India’s Commerce and Trade Minister Piyush Goel instructed the nation’s parliament that the nation has been negotiating with the U.S. for a commerce settlement by October-November this yr, in accordance to a CNBC translation of his speech in Hindi.

He added that the federal government offers nice significance to defending farmers, entrepreneurs, and medium and small enterprises, and can take all wanted steps to safeguard its nationwide curiosity.

Tariff price on Australia was held at 10%, among the many lowest degree of duties that the U.S. has imposed on its buying and selling companions.

Don Farrell, Australia’s commerce minister, reportedly hailed this as a “vindication” for the federal government, including that the nation had performed diplomacy with the U.S. in a “cool and calm” manner.

“What this choice means along side all the different modifications to different countries is that Australian merchandise are now extra aggressive into the American market,” he stated, in accordance to a Reuters report. 

New Zealand is among the many countries now going through a 15% tariff price, up from 10% beforehand.

Talking to native media, the nation’s Commerce Minister Todd McClay stated it appeared as although the tariff charges had been focusing on countries which have commerce deficits with the U.S., however that the scale of it was “actually not vital or significant” in New Zealand’s case.

“Lots of the exporters are saying they’ve been ready to soak up the ten %, or in lots of circumstances move it on, however at 15 % it’s going to begin having a larger impact on our exporters,” he stated. McClay stated talks with the U.S. would proceed, and that he would push for a decrease tariff.

Norway has additionally been hit with 15% tariffs from Aug. 7 — the identical price the nation was given again in April.

Cecilie Myrseth, Norway’s minister of commerce and trade, on Friday recommended to native media that talks with the U.S. up to now have been constructive but tough, in accordance to a Google-translation. The aim remained, nevertheless, for the 2 countries to come to an settlement, she stated.

Switzerland is among the many countries with a better tariff price of 39%.

On social media platform X, the nation’s federal council, stated it famous “with nice remorse that, regardless of the progress made in bilateral talks and Switzerland’s very constructive stance from the outset, the US intends to impose unilateral further tariffs on imports from Switzerland.”

“Switzerland has been and stays involved with the related US authorities. It continues to search a negotiated resolution with the US,” the council added, noting that it will now assess the scenario and determine on subsequent steps.

U.S. neighbor Canada has been slapped with 35% tariffs, which have already come into impact. The 2 countries have been partaking in an escalating commerce battle since early this yr.

Items that are coated by the Canada-United States-Mexico settlement are not impacted.

In a press release, Canadian Prime Minister Mark Carney stated the nation was “disillusioned” by the U.S. growing tariffs. “Whereas we’ll proceed to negotiate with america on our buying and selling relationship, the Canadian authorities is laser centered on what we are able to management: constructing Canada sturdy,” he stated.

Carney additionally pushed again in opposition to the U.S. justifying larger tariffs with cross-border drug flows — an argument Trump has repeatedly made.

South Africa is going through tariffs of 30%, in accordance to the latest figures.

In a press release, President Cyril Ramaphosa expressed “concern” in regards to the tariffs, saying South Africa would proceed negotiations with the U.S.

“[The] authorities has been partaking america, and has submitted a Framework Deal that goals to improve mutually helpful commerce and funding relations. All channels of communication stay open to interact with the US and our negotiators are prepared pending invitation from the US,” Ramaphosa stated.

A assist package deal for firms, producers and staff affected by the duties was additionally being finalized, the South African chief added.