US President Donald Trump has issued a new executive order, under which on Monday (August 8, 2025), a tariff exemption will be given to business partner countries that will make agreement on industrial exports with the US. The advantage of this exemption will be specially given on important things like nickel, gold, pharmaceutical compound, and chemicals. It aims to reorganize the global trade system, reduce the US trade deficit and motivate business partners to overpowder.

What is special in the new order?
Under this order of Trump administration, categories of more than 45 things have been included, on which Alaind Patanors will get zero import tariffs. These partners will be the countries that will sign the Framework Agreement with the US and promise to reduce the reciperook tariffs and charges imposed by the Trump administration. The step is also in line with agreements made with the current coalition countries of the US including Japan, the European Union (EU). This exemption will be implemented from 12 noon on Monday.

What are the discounts on what
According to the White House, tariff cuts will apply to items that cannot be grown, mined or naturally generated in the US or whose domestic production is insufficient. These discounts include natural graphite, different types of nickels (which are essential for stainless steel and electric vehicle batteries), pharmaceutical compounds such as lidocaine and medical diagnostic tests. Apart from this, different things of gold are also included in these discounts powder, leaves and bullion.

Special provisions and changes
In this order, exemption has also been given for some special agricultural products, aircraft and its parts, and non-petitioned pharmaceutical things. Under the order, once the US Trade Representative (USTR), the Department of Commerce and the Customs will be able to waive the tariffs on these items independently after the new executive order is required without a new executive order. Also, this new order has canceled the exemption given some earlier, including plastic and polysilicon (which is essential for solar panels).

Current status and impact
Major supply countries like Switzerland, which have not yet received an agreement with Washington, have a tariff of 39%. With this step, the US wants to reduce the dependence of goods that cannot be made available in sufficient amounts domestic. Due to the new order, global trade will have a big impact and will also help in protecting America’s industrial interests.

US President Donald Trump has recently imposed heavy tariffs on India, China and many other countries, but there are some countries on which Trump has not announced the tariff so far. North Korea and Russia are one of those countries. North Korea is the same country known for threatening and challenging America for a long time.

US President Donald Trump did not name countries like Russia and North Korea in his new tariff policy, while other countries have imposed heavy tariffs. The reason behind this is that these countries are already imposed high restrictions and tariffs, due to which the trade between the two countries has almost become negligible.

The reason behind not announcing tariffs against North Korea and Russia is that the trade between the two countries has already reduced due to high restrictions and tariffs. According to the White House Press Secretary Caroline Levit, “US sanctions may not cause meaningful trade with these countries, so additional tariffs are not needed.

A news has come out in the midst of Trump’s tariff announcement on many countries. American late-night show Host Stephen Colbert and Jimmy Follen have criticized US President Donald Trump’s decisions in which they have imposed heavy tariffs on several countries including India. Trump has imposed a 50% fee on Indian things, about which both of them taunted their shows.

Jimmy Follen
At his show The Tonite show on Thursday night, Jimmy Follen said that Trump has so far put tariffs on more than 90 countries. He jokingly said that now there are only two places left – the private island of North Korea and Jeffrey Epsine ‘Little St. James’. Follen warned that by applying tariffs on Brazil, the prices of bananas, mangoes and pineapples can touch the sky. He joked, ‘Edible arrangements are safe until you increase the price of melons and long toothpicks.’

Stephen Colbert’s pinch
In his show on Saturday night, Stephen Collbert said that the price of things like Gaz, Bandage and Wanding will increase by Trump’s doubles to 50%. He satirized and said, ‘At this time my new product is the right time to launch’ Steves Waud ‘. What is in it? What difference does it make, you are shedding blood.