US EditionTrump's Tariffs Explained as the 90-Day Pause Set to End Next Week
UNITED STATES, JUL 01 – The end of Trump's tariff pause on imports from 180 partners is expected to raise consumer prices by up to 1.5%, affecting goods like toys and auto parts, experts say.
- Ending the 90-day pause, tariffs of up to 35% resumed on July 8, 2025, prompting Walmart and Mattel to warn of summer price hikes.
- President Trump’s administration imposed aggressive reciprocal tariffs targeting China, the EU, Canada, Australia, South Korea and Mexico to protect industries, reduce trade deficits and bring back manufacturing jobs.
- Amid ongoing tariff hikes, automakers have raised U.S. prices, and President Trump increased duties on steel and aluminum to 20%.
- On Sunday, Trump shook hands with the European Commission president after agreeing to a new deal, amid ongoing tariff uncertainties and rising toy prices, analysts warn.
- Predicting future revenue, Scott Bessent said estimates are uncertain as negotiations may extend beyond July 8, amid trade policy uncertainties.
43 Articles
43 Articles
'It's all fake': Trump aide says the quiet part out loud about this 'theatrical' policy
In April, President Donald Trump promised 90 trade deals in 90 days after he rolled out his so-called "Liberation Day" tariffs. But even though Trump has only secured one agreement so far (a tentative framework with the United Kingdom) with that 90-day window closing next week, he's shown no signs of concern.One unnamed White House aide recently confided to Politico that Trump views international trade more as gamesmanship rather than an earnest…
CGTN poll on U.S. 'reciprocal tariff' policy
As the July 9 deadline approaches for the expiration of the United States' temporary suspension of "reciprocal tariffs," relevant countries are engaged in painstaking negotiations with the United States. Please answer these questions and share your
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