Trump Signs Executive Order Modifying Tariff Rates on Nearly 70 Trading Partners

On July 30, 2025, during the "Making Health Technology Great Again" event at the White House, President Donald Trump enacted an executive order that changes tariff rates for close to 70 trading partners. This new regulation dictates that "additional ad valorem duties" will be applied to certain goods, with the majority of tariffs falling within a range of 10% to 40%. These rates are set to go into effect a week after the order is signed, although there are some logistical exceptions.

In his announcement, Trump highlighted that despite ongoing negotiations, some trading partners failed to present terms that adequately corrected existing trade imbalances or align with the United States on key economic and national security issues. He pointed out that there were also nations that neglected to engage in discussions with the U.S. regarding these matters, which intensified the need for the new tariffs.

To ensure compliance and oversight, the executive order mandates that the U.S. Secretary of Commerce and the Secretary of Homeland Security, along with other high-ranking officials, must publish a biannual list detailing countries and facilities involved in circumvention schemes. This information will be used to enhance public procurement, facilitate national security assessments, and conduct commercial due diligence. Furthermore, the order empowers major U.S. government agencies to undertake all necessary measures to enforce and implement its provisions, including the potential temporary suspension or modification of existing regulations.