Update - President Trump Sending Letters Informing Countries of Reciprocal Tariff Rates from 1 August 2025

As previously reported, U.S. President Donald Trump signed an executive order on 7 July 2025 that extends the suspension of country-specific ad valorem rates of duty (reciprocal tariffs) from 9 July 2025 to 1 August 2025, which was followed by the posting of a series of letters to 14 countries on the tariff rates that would be imposed. This has since been followed by the posting of additional letters to 10 countries with the following tariff rates:

• Algeria - 30%
• Brazil - 50%
• Brunei - 2…