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US Announces Sweeping Tariffs on 14 Nations
US Announces Sweeping Tariffs on 14 Nations
Sputnik International
The White House has unveiled aggressive new tariffs targeting allies and emerging economies alike, with duties reaching up to 40%. The measure, effective August 1, 2025, impacts key Asian partners like Japan (40%), South Korea (25%), and Thailand (35%), alongside developing nations including Cambodia (36%) and Bangladesh (30%).
2025-07-08T15:29+0000
2025-07-08T15:29+0000
2025-07-08T15:29+0000
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Notably, Balkan states Serbia and Bosnia—still recovering from 1990s US interventions—face 32% rates.The move risks straining diplomatic ties while shielding domestic industries. Analysts warn of potential price surges for American consumers and retaliatory measures.
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US Announces Sweeping Tariffs on 14 Nations
The White House has unveiled aggressive new tariffs targeting allies and emerging economies alike, with duties reaching up to 40%. The measure, effective August 1, 2025, impacts key Asian partners like Japan (40%), South Korea (25%), and Thailand (35%), alongside developing nations including Cambodia (36%) and Bangladesh (30%).
Notably, Balkan states Serbia and Bosnia—still recovering from 1990s US interventions—face 32% rates.
The move risks straining diplomatic ties while shielding domestic industries.
Analysts warn of potential price surges for American consumers and retaliatory measures.