US EditionTrump Injects New Dose of Uncertainty in Tariffs with Aug. 7 Start Date
UNITED STATES, AUG 1 – The United States imposes reciprocal tariffs on 69 global entities, with Brazil facing a 50% rate amid political tensions, effective August 7, officials said.
- On the evening of July 31, President Donald Trump issued an executive order establishing reciprocal tariffs on 69 global entities, with the measures set to take effect at midnight on August 7.
- These tariffs update the rates introduced in early April, which were postponed for a period of four months due to financial market disruptions, all occurring amid ongoing discussions and considerable uncertainty.
- Companies like Polaris and Pentair report tariff-related costs near $230 million and $60 million respectively, while executives highlight disrupted supply chains and shifting strategies.
- Trump states tariffs will "level trade deficits" and "make America GREAT & RICH Again," though critics warn they may raise inflation and harm U.S. global standing.
- The new tariffs increase uncertainty as legal challenges persist and businesses adapt, indicating complex impacts on U.S. manufacturing and international trade relations.
21 Articles
21 Articles
Trump injects a new dose of uncertainty in tariffs as he pushes start date to Aug. 7
President Trump's order imposing new tariffs on scores of countries and the European Union starting in seven days has injected a new dose of uncertainty in an already uncertain process.
Trump has postponed the entry into force of his new tariff plan a week after reaching August 1 without closing as many trade agreements as expectedTrump announces its new tariff plan with punishments to Brazil and Canada and China's unknown The clock advances inexorably towards the new deadline set by Donald Trump for the entry into force of the tariffs, on Thursday, August 7.
derwesten.de
thueringen24.deTrump imposes new punitive tariffs and creates economic uncertainty. A country suffers particularly from its tariffs.
US President Trump has signed a document raising tariffs on Japan to 15%. The new tariffs will take effect on August 7th. Until then, they will be at 10%.
The White House announced late Thursday that the new tariffs, which were supposed to take effect on August 1, will instead take effect in a week, on August 7. According to US President Donald Trump, several more favorable agreements were reached at the last minute.
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