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Global Tariff Adjustments Continue: U.S. Imposes 25%-50% Tariffs on Goods from Japan, South Korea, Brazil & More;

Recent global tariff adjustments continue to unfold. The U.S. has announced it will impose 25%-50% tariffs on goods from Japan, South Korea, Brazil and other nations starting August 1, covering autos, electronics, agricultural products and more.

For Southeast Asia, 14 countries including Malaysia and Kazakhstan face 25%-40% tariffs. Cambodia avoided a 49% tariff via an agreement but still faces 3,521% punitive tariffs on solar components.

In U.S.-China trade, tariffs dropped from 145% to 30% after May talks, though specific items like tungsten beads face 201.32% anti-dumping duties and up to 292.84% countervailing duties. Tariff exemptions for key sectors like medical devices and semiconductors extend to August 31.

The EU still faces a 10% base tariff, with 25%-50% tariffs on autos, steel and aluminum remaining. The global trade landscape stays turbulent, businesses must track policy shifts and adjust supply chains dynamically.