While the US President Donald Trump continuously issued an update on the India-Rus Trade Deal, indicating that the tariff on India could be below 20 per cent, now his announcement has surprised his announcement, because along with the high tariff of 25% on India, he has also announced a fine. However, there are about 16 countries on which Trump has imposed more tariffs than India.
So far, Brazil is at the top with 50% in the list of Tarifs, which has a tariff bomb, 40% on Myanmar, 26 on Thailand and 35% on Bangladesh. So after the agreement with many countries, they have also been given relief in tariffs and it has been reduced as compared to before. Let us understand, including the reason, which countries are feeling relieved in this war of tariffs and taking it as an order, then which are seen losing?
So far, 15% to 50% tariffs on these countries
The new tariff for which the new tariff has been announced by the US so far and the trump tariff letters has also been sent to them, the newest name in that list is from India. If you look at the tariff rates imposed on all countries till now, then Trump has given the biggest shock to Brazil.
| Country | Tariff |
| Brazil | 50% |
| Myanmar | 40% |
| Laos | 40% |
| Cambodia | 36% |
| Thailand | 36% |
| Bangladesh | 35% |
| Serbia | 35% |
| Canada | 35% |
| Macisco | 30% |
| South Africa | 30% |
| Bosnia and Herzegovina | 30% |
| Sri Lanka | 30% |
| Algeria | 30% |
| Iraq | 30% |
| Libia | 30% |
| China | 30% |
| India | 25% |
| Brunei | 25% |
| Malaysia | 25% |
| South Korea | 25% |
| Vietnam | 20% |
| Indonesia | 19% |
| Philippines | 19% |
| Japan | 15% |
Talking about other countries, this list includes Kazakhstan (25%), Moldova (25%), Tunisia (25%) and European Union 15%. A new tariff is going to be implemented on all these countries from 1 August 2025, but in the meantime the most shocking decision has been made by the US about India. Seeing the list, it is clear that there are 16 countries like Brazil, Myanmar, Bangladesh, Canada, Mexico, which have been victims of more trump tariffs than India.
Hope to stay below 20%
Earlier, during the ongoing conversation with India about America’s trade deal with Trump, it was indicated that US tariff on India could be below 20 per cent. TRUMP had said that it is not necessary that every country should be sent letters, which are business partners, they will be only 15 to 20 percent. But now that the US President has also announced a 25 per cent tariff on India and a fine on business with Russia, it is contrary to expectations and shocking.
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Concern in India, celebration in Vietnam!
While the announcement of 25 per cent tariff on India has increased concern among Indian exporters, Vietnamese exporters are silently celebrating it, thousands of miles away from Delhi. The big reason behind this is that with only 20% tariff on its goods going to America, Vietnam is now gaining a significant increase of 5 points over India. But the matter is not only limited to numbers, but also for time, status and preparation.
Vietnam is already competing with India in many major sectors, including electronics, textiles, marine food (especially shrimp). The region is about 5% of India’s exports of $ 91 billion to the US and Vietnam is ready to grab them. Its supply chain is also strong and its relations with American buyers are also strong. Apart from this, Vietnam has also entered into a trade agreement with America even before the tariff war has increased and it seems to get the benefit of taking first steps.
Indonesia-Philiped also in strong position
Not only Vietnam, but also Indonesia is in the list of benefits. Due to the July 2025 trade agreement, Jakarta exporters will have to face 19% tariffs, which is 6% less than the tariff imposed on India. If according to Trump’s announcement, the penalty related to the Russian businessman is also added, then it appears in a better condition. However, Indonesia is focused on high -value sectors such as textiles, electronics and palm oil.
Philippines have also been placed in a tariff list of 19%, giving relief from the earlier 20% and it is likely to get minor benefits especially in the textile and electronics sector compared to India. Talking about Malaysia, the tariff on it is the same 25% as India, but after the announcement of additional fine for India, it also joins the list of winning countries, because Malaysia seems to be gaining an edge in the event of no such burden. Especially in the sector of electronics, where he competes directly with India.
Concern in India, but this country caused by US tariff
For India, where 25 percent of the tariff of Trump is considered to be a major setback, in comparison, South Asian neighbors are worse than this and they are seen losing in Tariff War. In the list of these countries, Bangladesh, who was once a major competitor in the textile sector, is now facing 35% tariff. Due to which its products have become less competitive than Indian products. It is at that time when its $ 6 billion garment sector is already facing difficulties. Sri Lanka is struggling with 30% tariff on its $ 1.9 billion textile exports.
The special thing is that Trump Tariff can harm India, but it is also disturbing neighboring countries. South-East Asian countries like Vietnam where the US market is ready to meet the lack of products in the US market, India is seen unexpectedly strong player for South Asia and is ready to take a share in the market from its struggling neighbors.
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