Existing US Reciprocal tariff rates in July 2025

v Countries with 30% or above tariff rate




v Countries with lower than 30% tariff rate




Comments

Post a Comment

Popular posts from this blog

US Reciprocal Tax Revision in July 2025

Image
  T he US President Donald Trump introduced a new reciprocal tax on importation to the United States from other countries in April 2025. However, the President Trump has revised this taxed for 23 countries up to now. Further, the President has announced that other countries’ tax will also be revised to 15% to 20%. Following chart compares the revised rate in July 2025 with original rates introduced in April 2025. 👉 Download chart here:  https://drive.google.com/file/ d/1- oC6ClHNKsTphKxnDKJ0ZgJrSWj17sw l/view?usp=sharing
Read more

Sri Lanka received the highest tariff reduction from the President Trump

Image
  The US President Donald Trump introduced a new reciprocal tariff on importation to the United States from other countries in April 2025. However, the President Trump has revised this taxed for 25 countries and regions up to now. Further, the President has announced that other countries’ tariff will also be revised to 15% to 20%. Key insights v Sri Lanka received the highest tariff reduction (-32%) v Brazil got the highest tariff increase (400%) v Tariff reduction received for Laos (-17%), Myanmar (-9%), Cambodia (-27%), Bangladesh (-5%), Serbia (-5%), Bosnia & Herzegovina (-14%), Iraq (-23%), Libya (-3%), Kazakhstan (-7%), Moldova (-19%), and Tunisia (11%) v Tariff hikes for European Union (50%) and Canada (40%) v No tariff change for Thailand, Indonesia, Algeria and South Korea v Japan, Malaysia and Brunei received 4% tariff hike v Tariff increase for Mexico (20%) and Philippines (18%) v Brazil got highest tariff rate (50%) v Philippines received lowest tariff rat...
Read more

Review on Global Semiconductor Market

  Chip manufacturing has rapidly shifted from North America to Japan and East Asia since the beginning of the 1980s. East Asia is leading the wafer fabrication and ATP, while the US is leading the chip design and machineries. From 2015 to 2020, semiconductors were the globally top traded goods (Rapp and Mobert, 2022). In 2023, the value of the global semiconductor market was USD 611.35 billion. The potential for developing the semiconductor market is huge because of the increasing use of electronic items and the expanding of AI, robotics, EVs, and industrial automation. Furthermore, the expected compound annual growth rate for the period from 2024 to 2032 in the semiconductor industry is 14.9%. Accordingly, by 2032, the value of the semiconductor industry will be USD 2062.6 billion (Fortune Business Insights, 2024). Click below link to download full report on  "Review on Global Semiconductor Market" 👉👉   https://drive.google.com/file/ d/1sorDTp26Sno9XSMB8uNtbs3Q4- 3dx...
Read more