President Trump’s tariff onslaught left a lot of losers, from small, poor countries such as Laos and Algeria to wealthy U.S. trading partners such as Canada and Switzerland. But there were no real winners -- including the U.

President Donald Trump’s tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They’re now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug.

Trump's finalized list of tariffs imposes heavy levies on Switzerland, Laos, Syria, Iraq, Serbia, Algeria and others.

Brazilian products are subject to a 50% tariff not because of Brazil’s trade policies, but because of Trump’s relationship with Brazil's former president.

Trump had threatened to impose a 50 percent tariff on Brazil beginning Friday if the country did not drop the charges against Bolsonaro. But he acted earlier, signing an executive order on the new tariffs yesterday.