August 3, 2025
General World

Trump Unveils Fresh Tariff Hikes on Imports from Cambodia, Bangladesh, Serbia, Others

U.S. President, Donald Trump has announced a new wave of import tariffs targeting six countries, signaling a more aggressive stance on trade ahead of the 2025 elections. The proposed tariffs, which are expected to impact a range of goods, are part of Trump’s broader strategy to revive domestic manufacturing and reduce American reliance on foreign imports.

Under the new tariff structure, imports from Cambodia will face a 36% duty, while goods from Bangladesh and Serbia will attract 35% each. Indonesia has been hit with a 32% rate, Bosnia 30%, and Tunisia 25%. The measures are aimed at countries Trump accuses of benefiting from what he describes as unfair trade practices that harm American industries and workers.

Speaking during a campaign event, Trump reiterated his commitment to prioritising American economic interests, stating that tougher trade policies are essential to restoring the nation’s industrial base and correcting trade imbalances. He claimed that the targeted countries have been exporting products at rates that undermine U.S. businesses, particularly in the textile and light manufacturing sectors.

KIIN360 understands that the proposed tariffs, if implemented, could have far-reaching implications for global supply chains and bilateral relations, particularly with developing economies that rely heavily on exports to the U.S. The announcement has already sparked reactions from international trade observers, who warn that such protectionist measures may trigger retaliatory actions and strain diplomatic ties.

While Trump argues that the tariffs are necessary to protect American jobs, critics argue they could raise consumer prices and disrupt global trade at a time when many economies are still recovering from inflationary pressures and supply chain disruptions.