U.S. Tariff Updates: What Pet Retailers Need to Know

If you run a pet store and occasionally import small quantities of pet products — like toys, treats, or grooming supplies — from overseas, the latest U.S. tariff policy changes may affect your business.
In this post, we’ll explain what’s new in U.S. trade policy, how it could impact your costs and ordering decisions, and what steps you can take to protect your profits.
Latest Tariff Updates as of July 9, 2025
Based on President Trump’s July 7 announcement and subsequent adjustments.
Note: Always confirm with your freight forwarder or customs broker for the most current rules.
1. Policy Extension & Critical Deadlines
Tariff Grace Period Extended
The 90-day suspension of reciprocal tariffs, which was originally set to expire on July 9, has now been extended until August 1. During this period, most nations remain subject to the 10% base tariff.
President Trump emphasized that August 1 is the “final deadline” and that no further extensions will be granted.
New Tariff Effective Date
Countries failing to reach trade agreements with the U.S. by August 1 will face elevated tariffs.
2. Affected Nations & Tariff Rates
First Group: 14 Countries (Announced July 7)
New tariffs effective August 1:
| Country | New Rate | April Rate | Change |
|---|---|---|---|
| Japan | 25% | 24% | ↑1% |
| South Korea | 25% | 25% | Unchanged |
| Laos | 40% | 48% | ↓8% |
| Myanmar | 40% | 44% | ↓4% |
| Cambodia | 36% | 49% | ↓13% |
| Thailand | 36% | 36% | Unchanged |
| South Africa | 30% | 30% | Unchanged |
| Indonesia | 32% | 32% | Unchanged |
| Malaysia | 25% | 24% | ↑1% |
| Tunisia | 25% | 28% | ↓3% |
| Kazakhstan | 25% | 27% | ↓2% |
| Bangladesh | 35% | 37% | ↓2% |
| Serbia | 35% | 37% | ↓2% |
| Bosnia & Herzegovina | 30% | 35% | ↓5% |
| Note: Most rates decreased vs. April, but key partners (e.g., Japan, Korea) retain high rates. | |||
Second Group: 6 Countries (Added July 9)
| Country | New Rate | April Rate | Change |
|---|---|---|---|
| Philippines | 20% | 17% | ↑3% |
| Brunei | 25% | 24% | ↑1% |
| Moldova | 25% | 25% | Unchanged |
| Algeria | 40% | 48% | ↓8% |
| Iraq | 30% | 30% | Unchanged |
| Libya | 30% | 30% | Unchanged |
While many rates have decreased slightly since April, key U.S. trading partners — such as Japan, South Korea, and Malaysia — continue to face tariffs of 25% or more.
Final Thoughts
Trade policy changes can feel confusing and overwhelming — especially when you're running a small business. But the good news is, you don’t need to be an expert to make smart choices.
By staying updated, talking to your suppliers, and working with platforms that understand international logistics, you can continue offering great products to your customers without getting caught off guard.
At Petfairs, we’re here to support small pet retailers — not just with factory-direct pricing and low MOQs, but with practical tools, tax-inclusive shipping options, and real-time updates on global trade policy.
Want to simplify your sourcing despite changing tariffs?
Explore our ready-to-ship pet products and transparent pricing today at www.petfairs.com
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