Trump said the United States would impose tariffs of 25% on goods from Tunisia, Malaysia and Kazakhstan, with levies of 30% on South Africa, Bosnia and Herzegovina, climbing to 32% on Indonesia, 35% on Serbia and Bangladesh, 36% on Cambodia and Thailand; and 40% on Laos and Myanmar. A deal with India was close, Trump added.

Trump sent a letter to Ramaphosa on Monday, July 7, informing him that BRICS nation South Africa would face a 30 percent reciprocal tariff from August 1, 2025, to reflect the trade barriers he said the U.

Global markets shrugged off news of Trump's latest tariffs, with both Asia-Pacific and Europe stocks staging a muted response Tuesday.

Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.

The president extended his pause on so-called “reciprocal tariffs” on U.S. trading partners till August 1 and indicated that the new deadline was not set in stone.