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Global Economy

US imposes Reciprocal Tariff on India and Several Countries, Check New Tariff Rates

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The United States has imposed reciprocal tariff on several countries across the world. A reciprocal tariff is essentially a matching duty—if Country A charges, say, 20% on U.S. goods, the U.S. would levy a similar tariff on imports from Country A. It’s a policy tool designed to balance trade between partners and counteract what the U.S. views as unfair trading practices.

Countries and TerritoriesReciprocal Tariff, Adjusted
Afghanistan15%
Algeria30%
Angola15%
Bangladesh20%
Bolivia15%
Bosnia and Herzegovina30%
Botswana15%
Brazil10%
Brunei25%
Cambodia19%
Cameroon15%
Chad15%
Costa Rica15%
Côte d`Ivoire15%
Democratic Republic of the Congo15%
Ecuador15%
Equatorial Guinea15%
European Union: Goods with Column 1 Duty Rate > 15%0%
European Union: Goods with Column 1 Duty Rate < 15%15% minus Column 1 Duty Rate
Falkland Islands10%
Fiji15%
Ghana15%
Guyana15%
Iceland15%
India25%
Indonesia19%
Iraq35%
Israel15%
Japan15%
Jordan15%
Kazakhstan25%
Laos40%
Lesotho15%
Libya30%
Liechtenstein15%
Madagascar15%
Malawi15%
Malaysia19%
Mauritius15%
Moldova25%
Mozambique15%
Myanmar (Burma)40%
Namibia15%
Nauru15%
New Zealand15%
Nicaragua18%
Nigeria15%
North Macedonia15%
Norway15%
Pakistan19%
Papua New Guinea15%
Philippines19%
Serbia35%
South Africa30%
South Korea15%
Sri Lanka20%
Switzerland39%
Syria41%
Taiwan20%
Thailand19%
Trinidad and Tobago15%
Tunisia25%
Turkey15%
Uganda15%
United Kingdom10%
Vanuatu15%
Venezuela15%
Vietnam20%
Zambia15%
Zimbabwe15%

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Hellobanker Team

Hellobanker.in is India's leading banking and finance news portal. Our expert team covers banking policies, RBI updates, financial markets, and investment insights.
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