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In a White House Fact Sheet, the Indonesia deal is outlined. Under this deal with Indonesia, the reciprocal tariff will be 19%. Other key terms include eliminating tariff barriers, breaking down non-tariff barriers for US industrial exports, US agricultural exports, and more. Additional details are in the fact sheet linked below.

In a Truth Social Post, the President has indicated that a deal has been made with Japan. According to the post, the deal includes Japan investing in the US, Japan opening their country to trade including cars and trucks, rice and other ag products etc. The reciprocal rate under this deal will be 15%. The full Truth Social post is linked below.

Click below to read more:

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Dear Valued Client,

The President has announced on Truth Social with a letter to Canada that effective August 1, 2025, Canada will face a 35% tariff. The letter also advises that goods transshipped to avoid the higher tariff will be subject to a higher tariff.

So far, the Administration has sent letters to 25 countries all effective August 1.  Here are the countries:

Japan (25%)

Korea (25%)

South Africa (30%)

Kazakhstan (25%)

Laos (40%)

Malaysia (25%)

Myanmar (40%)

Tunisia (25%)

Bosnia and Herzegovina (30%)

Indonesia (32%)

Bangladesh (35%)

Serbia (35%)

Cambodia (36%)

Thailand (36%)

Brazil (50%)

Algeria (30%)

Iraq (30%)

Libya (30%)

Sri Lanka (30%)

Brunei (25%)

Moldova (25%)

South Korea (25%)

Philippines (20%)

Canada (35%)

Click below to read more:

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Dear Valued Client,

The President has announced on Truth Social that effective August 1, 2025, there will be a 50% tariff assessed on copper imports. The President states that copper is the second most used material by the Department of Defense.

The Administration ordered a Section 232 investigation on copper back in February. The President notes in his post that he has received robust National Security Assessment which results in the copper tariff announcement.

At this time, there is no official Executive Order addressing the copper tariffs.

Click below to see the Truth Social Post:

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