U.S. President Donald Trump's latest tariff delay provided some hope to major trade partners Japan, South Korea and the European Union that deals to ease duties could still be reached, while bewildering some smaller exporters such as South Africa and leaving companies with no clarity on the path forward.

This is the factsheet of the White House published on July 7, 2025 about President Trump continuing enforcement of reciprocal tariffs and announcing new tariff Rates

President says team will start reaching out to trade partners with new tariff rates as 90-day pause ends this week

The United States is close to finalizing several trade agreements in the coming days and will notify other countries of higher tariff rates by July 9, U.S. President Donald Trump said on Sunday, with the higher rates scheduled to take effect on August 1.

US exports account for third of Vietnam’s GDP and 40% tariff on so-called transshipments – products with Chinese input – means uncertainty for manufacturers.

The EU is entering a crunch week with only two days of talks left to secure a trade deal with Washinton to avert Donald Trump’s threatened 50% tariff on its imports into the US.

Malaysia has imposed provisional anti-dumping duties ranging from 3.86% to 57.90% on certain iron and steel imports from China, South Korea, and Vietnam, the Investment, Trade and Industry Ministry announced Saturday.

China’s Ministry of Commerce said Saturday that it has accepted price undertakings from 34 European Union (EU) brandy producers in the final ruling of an anti-dumping investigation into brandy imports from the EU.

Key priorities including refining energy policies, scaling up renewable energy and improving energy efficiency.

Time has run out for some US trade partners looking to make deals ahead of President Trump's July 9 deadline for tariffs to return to his originally proposed higher levels.