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Trump Threatens New Tariffs on Brazil and Copper: What to Know

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Tracking Trump’s Tariffs

Feb.

March

April

May

June

July

  • Canada & Mexico

    Most goods

  • “Reciprocal”

    60+ countries

  • Home appliances

    Products with steel

Note: Goods from Canada and Mexico that fall under the U.S.M.C.A. trade pact — the agreement that replaced NAFTA — are not subject to tariffs that took effect in March targeting those countries.

July 9, 2025

Since re-entering office, President Trump has announced a barrage of tariffs to try to rewire the global economy. The trade actions have taken effect in fits and starts, resulting in wild swings in markets and fresh tension among some of America’s closest trading partners.

Mr. Trump threatened new tariffs on more than 20 nations, which he said would take effect Aug. 1. The president announced the actions in letters he posted to Truth Social, warning that he could increase them further, particularly if the nations retaliate.

Tariff rates for select trade partners

Includes country-specific “reciprocal” tariffs

Sources: White House, Observatory of Economic Complexity

Note: Previously threatened rates refer to the “reciprocal” tariff rates that were originally imposed on April 1. Brazil was not specifically targeted on April 1 but was subject to a 10 percent global rate.

In many instances, the rates Mr. Trump announced were the same as or close to the high levels he threatened to impose in April, when he rolled out punishing levies on nearly 60 U.S. trading partners. He then abruptly reversed course for 90 days — for every country except China — to give governments time to make deals.

Since then, U.S. officials have been juggling negotiations with trading partners, working to draft agreements before the 90-day deadline. Two such arrangements have been reached: one with Britain that lowers tariffs on British cars, steel and aluminum, and aerospace equipment; and one with Vietnam. The agreement with Vietnam imposes a 20 percent tariff on all imports from the country and a 40 percent tariff on any “transshipping.” Vietnam was scheduled to face a 46 percent tariff.

Tracking Trump’s Tariffs

Feb.

March

April

May

June

July

  • Hollywood

    Foreign-made movies

America’s Deficits and Surpluses With Trading Partners


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