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Trump Raises Tariffs: New Executive Order Modifies Duty Rates


U.S. President Donald Trump points a finger as he delivers remarks in the Roosevelt Room at the White House in Washington, D.C., U.S., July 31, 2025.

Kent Nishimura | Reuters

President Donald Trump signed an executive order on Thursday, enacting changes to reciprocal tariffs affecting numerous countries. The updated duties now range from 10% to 41%.

Goods identified as being transshipped to circumvent applicable duties will incur an additional 40% tariff, according to the

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