Thursday, the new prices of President Donald Trump finally took effect, freeting samples from dozens of countries and risking price increases for a multitude of daily goods.
Prices between 10% and 41% were applied to nearly 70 countries from 12:01 p.m. Thursday, considerably expanding the scope of Trump’s confrontation commercial policy.
“It is midnight !!! billions of dollars in prices now take place in the United States of America!” President Donald Trump published shortly before midnight on his social media platform.
The prices arrived about a week after Trump delayed the so-called reciprocal rates, choosing to modify certain samples.
Canada, a better American trading partner, faces a price of 35%. While Brazil, a key of coffee, receives a 40% rate which, when added above the reference rate of 10% in the new order, means a rate of 50% on imports of the country in the United States
The countries facing the highest rates of the decree are Laos and Myanmar at 40% and Syria at 41%.
India is struck by a price of 25% in order, but that should drop to 50% on August 27. Trump said on Wednesday that he imposed the additional 25% withdrawal as a punishment for India’s decision to continue buying Russian oil throughout the Russian-Ukraine war.
There is a prolonged deployment for goods sent to the country by ship. As long as they are dispatched before August 7 and enter the United States by October 5, they will not be subject to new prices.
The White House said the prices had been largely determined on the basis of the United States trade deficit with these business partners.
The new rate rates resemble samples that have been placed on more than 90 countries on April 2, although there are differences.
Trump deployed these so-called reciprocal rates in April, then delayed them, promising to conclude around 90 trade agreements in 90 days. In early July, Trump again delayed the prices, setting a deadline of August 1. One day before this deadline, he delayed them again.
The new samples seem to add 15% of prices on the goods of several countries which are not initially included in the decree of the president’s “liberation day” on April 2 – notably Bolivia, Ecuador, Ghana and Iceland.
After the prices of the “Liberation Day” were revealed and then delayed, Trump sent letters to managers of around two dozen countries describing the rate levels that would take effect if no agreement was concluded.
The freight containers line a ship at the port of Oakland on August 6, 2025, in Oakland, California.
Noah Shepherd / AP
So far, the White House says it has concluded trade agreements with the United Kingdom, Vietnam and Indonesia, as well as a preliminary agreement with China.
“The president and his sales team want to conclude the best offers for the American people and the American worker,” said the White House press secretary Karoline Leavitt last month when she announced the deadline of August 1.
The secretary of the Treasury Scott Bessent listens as President Donald Trump speaks during an event to sign an executive decree restarting the presidential fitness test in public schools, on July 31, 2025, in the Roosevelt room of the White House.
Jacquelyn Martin / AP
The prices put forward so far by Trump should cost an average household of $ 2,400 this year, the Yale Budget Lab discovered last week.
Importers generally transmit a share of the tax burden linked to consumers’ prices in the form of price increases.
Addressing journalists last week, an official of the Trump administration praised the new prices as part of a “new trade system” which aims to prioritize the “balanced and balanced trade” on efficiency at all costs.
Michelle Stoddart, from ABC News, and Meghan Mistry contributed to this report.
