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[–><!–>Mr. Trump’s actions threaten to revive a style of trade brinkmanship that has previously rattled markets, and it will likely result in price increases on American consumers and businesses. Here’s where the tariffs stand.–><!–>
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[–><!–>Many countries are set to see higher tariffs beginning Aug. 1. Some have learned in recent weeks about the new duties that will soon be applied to their goods in the United States. Others will be subject to taxes that the president announced and suspended earlier this year. And still more nations have brokered agreements with the United States that lower the rates they might have faced otherwise.–><!–>
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[–><!–>Taxes on imports from South Korea would rise to 25 percent, and the duties on Thailand’s goods would be set at 36 percent. The highest, so far, would be Brazil, which would see tariffs hit 50 percent next month.–><!–>
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[–><!–>Mr. Trump announced that tariff in a searing letter that attacked Brazilian leaders for their treatment of former President Jair Bolsonaro, an ally of Mr. Trump who is facing charges for inciting a coup.–><!–>
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[–><!–>Soon after announcing the tariffs, Mr. Trump halted them for 90 days, in a pause that was set to expire in early July. But Mr. Trump extended the pause again this month as part of his renewed push to strike trade deals before Aug. 1. (For China, the date is Aug. 12, under a deal it brokered with U.S. officials.)–><!–>
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[–><!–>Issuing his initial pause, Mr. Trump sought to broker 90 deals in 90 days, as one of his advisers described it. That never materialized, though the president has struck a series of trade agreements with a handful of nations, including those in the European Union, which announced a preliminary agreement with the United States on Sunday.–><!–>
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[–><!–>Last week, the president announced a deal with Japan that calls for a 15 percent tariff on that country’s exports to the United States while relaxing duties that had applied to the Japanese auto industry. Japan agreed to supply $550 billion for investment in the United States.–><!–>
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[–><!–>The White House has previously announced similar framework agreements with Britain, Vietnam, the Philippines and Indonesia. The Indonesia deal, which Mr. Trump also announced last week, set its tariff rate at 19 percent. For several countries, the deals impose higher duties on goods that use a significant portion of parts or raw materials from countries including China and Russia.–><!–>
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10%
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tariff–> -
20%
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54%
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tariff–> -
104%
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145%
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30%
Feb. 1
March 4
April 2
May 12
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[–><!–>The United States has set a 30 percent baseline tariff on imports from China under an agreement in May that walked back, at least for now, a highly damaging tit-for-tat escalation of duties between the two superpowers. (Other tariffs may also apply to Chinese goods.)–><!–>
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[–><!–>The deadline for the current rate to expire is Aug. 12, though American officials have said they may push the date as talks continue. Mr. Trump has said that tariffs could rise again without a new deal. But he signaled that it would be less than the 145 percent rate the U.S. government had imposed at one point in April, as the two sides escalated trade penalties on each other.–><!–>
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[–><!–>Two of America’s largest trading partners may also see tariffs rise on some of their exports to the United States beginning Aug. 1. For Canada, that new rate would be 35 percent; for Mexico, 30 percent.–><!–>
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[–><!–>White House officials say the rates would apply to imports from the two countries that are not covered under a trade deal that Mr. Trump signed during his first term. But the president’s aides have cautioned that a decision on the matter is not final.–><!–>
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Canada
Mexico
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Steel
50
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Aluminum
50
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Autos and auto parts
25
<!–>Nearly half of all vehicles sold in the United States are imported.–>
- In process
Copper
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<!–>Chile and Canada are major sources of copper imports.–>
- In process
Lumber
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- In process
Semiconductors
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- In process
Pharmaceuticals
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Trucks
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Critical Minerals
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Aircraft
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<!–>The aerospace industry relies on specialized global suppliers.–>
- In process
Polysilicon
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<!–>A key ingredient in semiconductors and solar panels.–>
- In process
Unmanned Aircraft
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[–><!–>Since the start of his second term, Mr. Trump has announced these duties on imports of aluminum, foreign cars and car parts and steel. In some cases, these tariffs supplement the duties targeted at specific countries, and the taxes do not pile on top of each other. For others, like the European Union, agreements brokered with the United States would override the sector-specific duties.–><!–>
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[–><!–>The president has started the process to impose additional sector-specific tariffs on products including copper, pharmaceuticals and semiconductors.–><!–>
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