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  • 7/8/2025
At least 14 countries will face steep U.S. import tariffs starting Aug. 1, after Trump signed letters dictating new rates on Truth Social. Tariffs range from 25% to 40%, depending on the country, CNBC reported. The letters say rates may be adjusted “depending on our relationship with your Country.” The letters warn that goods rerouted through other countries to avoid tariffs will still be charged the full tariff rate. Trump signed an executive order on Monday, delaying the tariff deadline to August 1, citing new information and advice from senior officials.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02At least 14 countries will face steep U.S. import tariffs starting August 1st
00:06after President Trump shared signed letters dictating new rates on true social.
00:11Tariffs range from 25% to 40% depending on the country.
00:14CNBC reported letters say rates may be adjusted depending on our relationship with your country.
00:20Letters warn that goods rerouted through other countries to avoid tariffs
00:24will still be charged the full tariff rate.
00:26Trump signed an executive order Monday delaying the tariff deadline to August 1st
00:31citing new information and advice from senior officials.
00:34For all things money, visit Benzinga.com.

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