Four months after President Trump unveiled, and then paused, sweeping tariffs on countries across the globe, the administration has announced an update. The handful of countries and regions that have managed to strike preliminary trade agreements—including Vietnam, Japan, the U.K. and the European Union—will remain unchanged. Countries that have yet to strike a deal will face higher tariffs, most set to take effect August 7.

Among the new policies, Brazil is facing the steepest tariff at a 50 percent rate—up 40 percent from the 10 percent “reciprocal” tariff announced in April. Canada’s rate has also been increased, landing at 35 percent, up from its original rate of 25 percent, though some imports remain exempt under the U.S.-Mexico-Canada Agreement, or USMCA, which came into effect in 2

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