• Source:JND

Trump Tariffs: A new data analysis predicts that Brazil, China, and India will be the top three countries that will benefit the most from United States President Donald Trump's new tariff rate. The data shows that the countries that have been severely criticised by the US President are expected to benefit the most from global flat rates. The analysis by Global Trade Alert estimates that Brazil will see the biggest drop in average tariff rates, which will be 13.6 per cent. It will be followed by China, which will see a reduction of 7.1 per cent, while tariffs in India will fall by about 6 per cent.

In January 2025, US President Donald Trump invoked the International Emergency Economic Powers Act (IEEPA) to impose tariffs on several of his country's trade partners. However, the US Supreme Court struck it down last week.

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Trump Made A New Move

Shortly after the US Supreme Court ruled to invalidate the Trump tariffs, Trump announced plans to replace the IEEPA tariffs with a 10 per cent global flat rate, which he raised to a maximum of 15 per cent on Saturday.

Trump's new tariffs are set to take effect on Tuesday, but they have a validity of only 150 days before receiving further approval from Congress.

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Which Countries Will Benefit?

Experts believe that Asian manufacturers like Vietnam, Thailand, and Malaysia, which Trump has often criticised for their large trade surplus with the US, will also benefit from the 15 per cent flat tariff rate. These countries may receive greater relief on items like clothing, furniture, toys, and plastics.

What Can Trump Do Now?

Experts are also warning that the future of all tariffs is now shrouded in uncertainty, as the Trump administration has indicated it will impose various tariff measures against different countries under Section 301 of the 1974 Act. According to media reports, the US is already considering taking action against Brazil and China under this section.


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