The Latest: Trump Orders New Tariffs on Multiple US Trade Partners to Take Effect in 7 Days
UNITED STATES, JUL 30 – Tariffs range from 15% on South Korean goods to 50% on Brazilian imports, reflecting political motives and trade leverage, with South Korea committing $350 billion investment, officials said.
- On August 1, 2025, the United States will roll out import duties on trading partners, including a 50% tariff on copper-based products.
- Signing an executive order on Thursday, President Donald Trump set a seven-day deadline after recent tariff agreements, including a 15% tariff with South Korea.
- Under the new measures, imports from India will face a 25% tariff plus an unspecified penalty, and Brazil faces a 50% tariff, while Canada risks 35%.
- In immediate reactions, Brazil’s Vice President Geraldo Alckmin said 35% of exports will be affected by the 50% tariffs, and Ursula von der Leyen noted some agricultural exemptions.
- Facing new duties, India’s Trade Minister Piyush Goyal said the government is assessing the impact of the 25% import tariff, and India will weigh its options.
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US Consumers’ Perceptions of Tariffs: Data Graphic
Discover US consumers’ views on tariffs in our data graphic, ahead of the August 1, 2025, tariffs introduction date. We slice and dice our data by multiple demographics.The post US Consumers’ Perceptions of Tariffs: Data Graphic appeared first on Coresight Research.
Trump’s New Tariffs: What’s Changing and Who is Affected
The U.S. will roll out a fresh set of import duties on a wide range of goods from key trading partners starting August 1. While some products face moderate levies, others, like copper-based items, will carry steep 50 percent tariffs. South Korea secured a relatively mild deal, but countries such as Brazil and India will … The post Trump’s New Tariffs: What’s Changing and Who is Affected appeared first on Business Elites Africa.
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Total News Sources28
Leaning Left5Leaning Right1Center14Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
L 25%
C 70%
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