The U.S. will resume country-specific tariffs on August 7, following an executive order by President Trump. This order specifies tariffs ranging from 10% to 41% for over 60 trading partners, including a newly announced 25% tariff on imports from India. Countries like Canada, Mexico, and China will face separate duties, while goods from unlisted nations will incur a baseline 10% tariff. Trump emphasized that some nations have engaged meaningfully in trade discussions, while others have not. Goods already in transit by the implementation date will be exempt from these tariffs, provided they are entered by October 5.

Source: https://www.supplychaindive.com/news/us-install-country-specific-tariffs-aug-7/756535/