Trump Cuts Pakistan Tariff to 19% in Major Trade Move

US president slaps dozens of trading partners with steep tariffs including 35% duty on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan, 39% for Switzerland: New tariffs to take effect in week’s time

By DTD- Last updated Aug 1, 2025

U.S. President Donald Trump slapped steep tariffs on exports from dozens of trading partners including Canada, Brazil, India and Taiwan, pressing ahead with his plans to reorder the global economy ahead of a Friday trade deal deadline.

Washington-(Mudasssar Iqbal/Special Correspondent/Webdesk)- President Donald Trump on Friday unveiled an array of import levies that ranged as high as 50 percent on Brazil and 41 percent on Syria, and included a hike on Canadian imports from the current 25 percent to 35 percent. Rates for India remained unchanged at 25 percent, as announced by Trump earlier this week, but the duties for Pakistan have been slashed to 19 percent, from the earlier 29 percent,

Some of them had reached tariff-reducing deals; others had no opportunity to negotiate with his administration. Trump included an exception for some goods shipped within the coming week.

Goods from all other countries not listed would be subject to a 10% U.S. import tax. Trump had previously said that rate might be higher.

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The administration also teased that more trade deals were in the pipeline as it seeks to close trade deficits and boost domestic factories.

Facing a Friday deadline of his making, the Republican president has tapped emergency powers, pressured foreign leaders, and pressed ahead with trade policies that sparked a market sell-off when they were first announced in April.

This time, markets had a more muted reaction. Stocks and equity futures fell modestly in Friday morning trading in Asia.

Trump’s order said that some trading partners, “despite having engaged in negotiations, have offered terms that, in my judgment, do not sufficiently address imbalances in our trading relationship or have failed to align sufficiently with the United States on economic and national-security matters.”

Other details are still to come, including on the “rules of origin” that will determine what products might face even higher tariffs.

Trump also said “we have made a few deals today that are excellent deals for the country,” and a U.S. official later told reporters that they were still to be announced.