Trump Imposes Sweeping New Tariffs on 70 Countries, Citing Trade Emergency Powers

Washington, August 1, 2025 — In a sweeping escalation of U.S. trade policy, President Donald Trump has imposed new tariffs of up to 41% on imports from 70 countries, invoking emergency powers to justify the broad economic move. The tariffs, announced ahead of a self-imposed August 1 deadline, will officially take effect on August 7.

The White House said the new levies aim to curb persistent trade deficits and promote domestic manufacturing. Trump declared the action a “necessary correction” to decades of what he termed unfair trade practices. “We’re no longer going to let other nations take advantage of American workers,” he stated at a press briefing.

Major economies like Canada (35%), Brazil (50%), India (25%), Taiwan (20%), and Switzerland (39%) have been hit particularly hard. The most severe tariff, 41%, was reserved for Syria.

A detailed list released by the administration shows smaller and developing nations were not spared either. Countries across Africa, Asia, and Latin America, including Bangladesh (20%), South Africa (30%), Indonesia (19%), and Sri Lanka (20%), were all subject to new duties.

Notably, Laos and Myanmar (Burma) faced a steep 40% tariff, the second-highest after Syria. The European Union received a mixed treatment, with levies ranging between 0% and 15%, depending on the specific goods.

Critics argue the timing and scale of these tariffs could disrupt global supply chains and lead to retaliatory action. “This is a sledgehammer approach,” said Dr. Lina Cheng, a global trade analyst. “While some recalibration in trade relations was expected, this blanket move could backfire economically and diplomatically.”

Markets reacted cautiously to the announcement, with early signs of volatility in currency and commodities markets. Multiple trade partners, including India and Brazil, have signaled they are reviewing options for reciprocal measures.

Meanwhile, the U.S. Department of Commerce defended the strategy, saying the tariffs were based on detailed assessments of trade balances and strategic vulnerabilities. The administration added that some countries may appeal for exemptions on a case-by-case basis.

As the world awaits the next move in this growing trade confrontation, observers say the long-term impact will depend on how other nations respond and whether multilateral negotiations can de-escalate the tensions in the coming weeks.