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U.S. President Donald Trump signed an executive order that suspends the imposition of higher tariffs for 90 days, until 12:01 a.m. EST on November 10, with all other elements of the truce to remain in place. China’s Commerce Ministry issued a similar pause on extra tariffs.

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As of August 7th, 2025, the U.S. has enacted sweeping reciprocal tariffs on imports from 60+ countries, with duties ranging from 10% to over 100%, depending on origin and sector. Additions like sector-specific penalties and anti-transshipment provisions further complicate the trade landscape. The impact on landed costs, sourcing strategies, and compliance protocols will be significant. 

• Mexico got a reprieve, and its current rates were extended for another 90 days.
• The EU delayed its countermeasures by 6 months.

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U.S. President Donald Trump released an Executive Order (EO), imposing an additional 25% tariff on Indian product imports into the U.S., effective 12:01 a.m. ET on August 27th.

• The purpose of the tariff, according to the White House, is in response to India’s continued import of Russian oil.

Executive Order

The duty-free de minimis exemption shall no longer apply to any shipment of articles not covered by 50 U.S.C. 1702(b), regardless of value, country of origin, mode of transportation, or method of entry.

The exemption had applied to parcels valued at $800 or less and allowed overseas retailers to ship inexpensive goods to consumers in the U.S. tax-free.

Executive Order

The U.S. has implemented a 50% tariff on the majority of Brazilian goods entering the country, with these new tariffs set to take effect on August 6, 2025. 
 

White House fact sheet

• This applies to approximately 70% of European goods imported into the U.S., including cars, computer chips, and pharmaceuticals.

“The political agreement of 27 July 2025 is not legally binding. Beyond taking the immediate actions committed, the EU and the U.S. will further negotiate, in line with their relevant internal procedures, to fully implement the political agreement,” the European Commission said.

White House fact sheet

The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%.

• Indonesia will eliminate approximately 99% of tariff barriers for U.S. industrial, food, and agricultural products exported to Indonesia.

Japan’s existing tariffs will be cut from 27.5% to 15% and duties that were set to take effect on other Japanese goods starting August 1 will also be cut from 25% to 15%.

Press release