[Breaking] Trump Imposes 25% Tariff on India, 20% on Taiwan, 30% on South Africa for Lack of Trade Agreement
![[Breaking] Trump Imposes 25% Tariff on India, 20% on Taiwan, 30% on South Africa for Lack of Trade Agreement](http://www.asiae.co.kr/news/img_view.htm?img=2025072120392454069_1753097965.png)
On July 31 (local time), U.S. President Donald Trump signed an executive order to adjust reciprocal tariff rates for countries that have not yet reached a trade agreement with the United States. As a result, products from India will be subject to a 25% high tariff, products from Taiwan will face a 20% tariff, and products from South Africa will be subject to a 30% tariff.
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