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President Trump’s new tariffs take effect, targeting dozens of US trading partners
President Donald Trump 's higher tariff rates of 10% to 50% on dozens of trading partners kicked in on Aug. 7, testing his strategy for shrinking U.S. trade deficits without massive disruptions to global supply chains, higher inflation, and stiff retaliation from trading partners.
Trump’s Trade Deals, Negotiations, and New Tariffs for Each Country
Since July 7, Trump has been sending out new tariff rates for countries across the globe, including major trading partners Canada, Japan, South Korea, and the European Union (E.U.). He said on July 8 that his Administration views the unilateral tariff rates as deals, though the letters shared thus far do not describe negotiated trade deals.
Protectionism is intensifying amid signs of US labor market weakness, and the higher tariff regime is likely to remain ...
A dizzying array of trade crosscurrents continued Tuesday as global importers braced for a Thursday morning deadline in the ...
Widespread tariffs are now in effect on most goods imported to the U.S., but duty-free shops aren’t necessarily cheaper.
The New Voice of Ukraine on MSN12h
India suspends U.S. arms deals over Trump’s tariffsThe planned visit by Indian Defense Minister Rajnath Singh to Washington, where new defense purchases were to be announced, ...
Numerous countries around the world are facing the prospect of new tariffs on their exports to the United States on Aug. 7 ...
Countries who account for 40% of US trade were due to receive letters by midnight Eastern Time, informing them of new rates ...
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Trump’s suspension of “reciprocal” tariffs will end Friday, which means the world could face higher tariffs once again.
President Trump's tariffs, designed to pressure foreign nations into favourable trade deals, are resulting in price increases ...
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