Increased Tariff Rates for (at least) 14 Countries Beginning (probably) August 1st

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Jul. 8, 2025
By: Ashley J. Bodden

On July 7, 2025, President Trump announced via Truth Social that he has sent letters sent to fourteen countries indicating the “reciprocal” tariffs those countries could expect to face from the United States. The rates are not necessarily identical to the “reciprocal” rates announced in April. The fourteen letters all state that the rate increase comes in response to the trade deficit with those respective countries, and that any retaliation would result in a higher tariff rate.

The countries and rates announced on July 7 are:

Country	Rate (%)
Myanmar	40%
Laos	40%
Thailand	36%
Cambodia	36%
Serbia	35%
Bangladesh	35%
Indonesia	32%
Bosnia & Herzegovina	30%
South Africa	30%
Tunisia	25%
Kazakhstan	25%
Malaysia	25%
South Korea	25%
Japan	25%

The letters also indicated that “if you wish to open your heretofore closed Trading Markets to the United States, and eliminate your Tariff, and Non Tariff, Policies and Trade Barriers, we will, perhaps, consider an adjustment to this letter.” This specifically leaves the opportunity for these countries and companies within these countries to negotiate the increased tariffs.

Later in the day, Trump issued an executive order extending the modification of the reciprocal tariff rates. The effective date of higher country-specific reciprocal tariff rates is extended from July 9 to 12:01 a.m. eastern daylight time on August 1, 2025, "based on additional information and recommendations from various senior officials, including information on the status of discussions with trading partners."

The executive order also noted that the suspension of 145% reciprocal tariff rates on China would remain unchanged.

President Trump told reporters that an additional 12 to 15 letters will be sent out before July 9^th.

As further developments arise, we will continue to provide updated reports outlining their impact. Do not hesitate to contact any attorney at Barnes, Richardson & Colburn, LLP if you have any questions.