Trump’s Last Minute Tariff Hurdles
UNITED STATES, JUL 31 – Donald Trump confronts new tariff obstacles complicating trade talks with international partners amid ongoing policy disputes and negotiation delays.
- President Donald Trump signed an executive order for new import duties that took effect on Aug. 7, affecting 68 countries and the 27-member European Union.
- Syria will face a 41% tariff, which is the highest among the affected parties.
- Canadian Prime Minister Mark Carney expressed disappointment with the increase in tariffs from 25% to 35%.
- Mexico entered a 90-day negotiation period to maintain current tariff rates at 25%, while China's trade status remains unclear after recent talks.
13 Articles
13 Articles
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Trump’s Last Minute Tariff Hurdles
Playbook: “There are just hours to go before President Donald Trump’s deadline for scores of countries to strike trade deals with the U.S. or face steep tariffs. The president has managed to bend many trading partners to his will with lopsided (if vaguely sketched) agreements — and largely sidestepped, so far, the negative economic fallout that experts had predicted.” “But as the clock ticks down, Trump’s protectionist agenda is also facing some…
The tariff truce decreed by U.S. President Donald Trump comes to an end this Thursday with last-minute agreements, new extensions and confirmation that those partners with whom a pact has not been reached will receive notification of their dues before midnight.
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