vlog

Skip to content
NOWCAST vlog News at 10pm Weeknights
Watch on Demand
Advertisement

Get the Facts: These are the latest numbers on tariffs imposed by the US

President Trump announced new tariff rates effective Aug. 1, sending letters to multiple countries. Explore our comprehensive list tracking these changes.

Get the Facts: These are the latest numbers on tariffs imposed by the US

President Trump announced new tariff rates effective Aug. 1, sending letters to multiple countries. Explore our comprehensive list tracking these changes.

The US buys more from the EU than any other country, but tariffs on all 27 member nations could mean prices on everything from French cheese to Italian leather, German electronics, and Spanish pharmaceuticals, as well as medicine and vehicles. Negotiations are ongoing, but if these tariffs go through, the EU says it will retaliate. That could impact with the US exports over to Europe, including things like crude oil, pharmaceuticals, aircraft, auto. Mobiles and medical equipment. Meanwhile, Mexico is the 2nd largest exporter and importer of US goods. The most traded items are vehicles, electrical machinery, medical devices as well. Agriculture makes up about 10% of US imports from Mexico. That includes veggies, fruit, beer, as well as liquor. And in his letter, President Trump said part of the reason for the new tariff was to get Mexico to do more to stop the flow of migrants. And fentanyl to the US and staying in Mexico, another policy kicks in today hiking tomato import taxes 21%. The administration argues ending this decades old trade agreement will drive down prices, but opponents say otherwise. That's because Mexico supplies about 70% of the US tomato market with some 4 billion pounds of tomatoes each year. Advocates say that the tax will encourage domestic tomato growing. The administration though believes Mexican farmers have purposely sold tomatoes for less than what they cost to grow in order to increase their sales. Mexico threatened to tax American pork and chicken in return. Reporting in Washington, I'm Amy Lou.
vlog logo
Updated: 8:19 PM CDT Jul 14, 2025
Editorial Standards
Advertisement
Get the Facts: These are the latest numbers on tariffs imposed by the US

President Trump announced new tariff rates effective Aug. 1, sending letters to multiple countries. Explore our comprehensive list tracking these changes.

vlog logo
Updated: 8:19 PM CDT Jul 14, 2025
Editorial Standards
President Donald Trump announced new tariff rates for multiple countries this week, sharing the letters addressed to heads of state on Truth Social. The changes include an increase in the cost of importing goods from Brazil, Canada, the European Union and Mexico. For a comprehensive breakdown of the tariffs, refer to the list below.Trump began sending out letters last week after again pushing back the tariff deadline to Aug. 1. The reason for the increase or decrease in tariffs is explained in the letters, which the president has posted on his account on Truth Social. Some of the reasons provided by Trump include Mexico's failure to deal with the fentanyl crisis and Brazil's ongoing trial of former President Jair Bolsonaro over his alleged plot to overturn his election loss. The president initially sought to have "90 deals in 90 days" since announcing the pause on tariffs on April 9. However, trade negotiations are proving to be longer and more complicated, with only trade deals from China, the United Kingdom and Vietnam having been secured.PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiPiFmdW5jdGlvbigpeyJ1c2Ugc3RyaWN0Ijt3aW5kb3cuYWRkRXZlbnRMaXN0ZW5lcigibWVzc2FnZSIsKGZ1bmN0aW9uKGUpe2lmKHZvaWQgMCE9PWUuZGF0YVsiZGF0YXdyYXBwZXItaGVpZ2h0Il0pe3ZhciB0PWRvY3VtZW50LnF1ZXJ5U2VsZWN0b3JBbGwoImlmcmFtZSIpO2Zvcih2YXIgYSBpbiBlLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdKWZvcih2YXIgcj0wO3I8dC5sZW5ndGg7cisrKXtpZih0W3JdLmNvbnRlbnRXaW5kb3c9PT1lLnNvdXJjZSl0W3JdLnN0eWxlLmhlaWdodD1lLmRhdGFbImRhdGF3cmFwcGVyLWhlaWdodCJdW2FdKyJweCJ9fX0pKX0oKTs8L3NjcmlwdD4K

President Donald Trump announced new tariff rates for multiple countries this week, sharing the letters addressed to heads of state on Truth Social.

The changes include an increase in the cost of importing goods from Brazil, Canada, the European Union and Mexico.

Advertisement

For a comprehensive breakdown of the tariffs, refer to the list below.

Trump began sending out letters last week after again pushing back the tariff deadline to Aug. 1. The reason for the increase or decrease in tariffs is explained in the letters, which the president has posted on his account on .

Some of the reasons provided by Trump include Mexico's failure to deal with the fentanyl crisis and Brazil's ongoing trial of former President Jair Bolsonaro over his alleged plot to overturn his election loss.

The president initially sought to have "90 deals in 90 days" since announcing the pause on tariffs on April 9. However, trade negotiations are proving to be longer and more complicated, with only trade deals from China, the United Kingdom and Vietnam having been secured.