US EditionTrump tariffs expected to hit Thursday
UNITED STATES, AUG 6 – Tariffs rise up to 50 percent targeting countries including Brazil and India to penalize purchases of Russian oil, affecting dozens of economies in Trump's trade strategy.
- On Thursday, higher US tariffs came into effect for dozens of economies, with Trump said to be addressing unfair trade practices through 'reciprocal' duties.
- President Donald Trump announced in the Oval Office on August 6, 2025, that an executive order signed last week increased US duties from 10 percent to between 15 percent and 41 percent.
- Detaling the new levies, US tariffs on Brazilian goods surged from 10 percent to 50 percent Wednesday, duties on Indian goods doubled to 50 percent, and products from the European Union face a 15-percent tariff.
- Many US companies warn that the levies will severely hurt smaller American businesses, with legal challenges over Trump's emergency powers likely to reach the US Supreme Court.
- Trump said Wednesday he planned a 100-percent tariff on semiconductors, exempting TSMC, while India faces a 25-percent duty that doubles in three weeks and Syria, Myanmar, Laos face up to 41 percent.
111 Articles
111 Articles
'Sputtering': Trump's 'utterly chaotic' tariffs have decimated this major industry
After multiple delays, the "reciprocal" tariffs first announced this past spring by U.S. President Donald Trump went into effect on Thursday, even as the American economy shows serious signs of weakness.As reported by CNBC, the new tariffs hit nations all over the world and included particularly hef...
Top Democrat lays out the painful truth about Trump's new tariffs
The top House Democrat has put President Donald Trump on blast over higher price hikes expected to result from sweeping new tariffs on over 90 countries, which came into effect on Thursday after the Trump administration failed to negotiate new trade...
Trump tariffs take effect: ‘IT’S MIDNIGHT!!!’
(The Hill) -- President Donald Trump’s latest rollout of “reciprocal” tariffs on dozens of trading partners has formally taken effect as of Thursday morning. “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA,” the president wrote just before midnight on Truth Social. In another post early Thursday, Trump wrote, "Tariffs are flowing into the USA at levels not thought even possible!" The president …
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