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ARTICLE · 17 JULY 2025

New Tariffs Announced - Trade Alert

Braumiller Group (Dallas)
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On July 7, President Trump announced that the baseline additional 10% reciprocal tariff would be extended to August 1. He also sent letters to 14 countries, notifying them of their adjusted tariff rate if an agreement is not reached before the new deadline.

United StatesInternational Law
Adrienne Braumiller
Adrienne Braumiller
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On July 7, President Trump announced that the baseline additional 10% reciprocal tariff would be extended to August 1. He also sent letters to 14 countries, notifying them of their adjusted tariff rate if an agreement is not reached before the new deadline.

Following the initial announcement on July 7, the President sent additional letters to key trading partners including Brazil, Canada, the European Union (EU) and Mexico. In each letter, he outlined the new reciprocal tariff rate set to take effect August 1 and emphasized that the U.S. reserves the right to increase the rate if any country responds with its own tariffs. Furthermore, the reciprocal tariff rate is separate from all sectoral tariffs previously announced.

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