Japan, South Korea and Donald Trump
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NDTV Profit on MSNTrump Tariffs LIVE: 50% Levy On Brazil; New Letters Issued To Iraq, Libya, Sri Lanka, OthersImposed 30% tariffs on Libya, Iraq, Sri Lanka, and Algeria. Slapped 25% tariffs on Moldova and Brunei. Announced 50% tariffs on Brazil. Sri Lanka would continue to engage with the US for a "mutually beneficial" outcome on tariffs,
President Trump has announced — but postponed the effective date for — higher tariffs once again. Here's what to know about the latest on his tariff policy.
President Donald Trump's threats to impose high tariffs on countries make U.S. trading partners and investors nervous. But his sector tariffs could hurt consumers and businesses more in the long run.
Instead of treating tariffs as part of a broader trade policy, President Trump views them as a valuable weapon he can wield on the world stage.
Trump imposes tariffs up to 40% on 14 countries, pressuring allies to shift production to the US and avoid ties with BRICS. Tensions mount globally.
Trump shared screenshots of letters detailing new tariff rates for over a dozen countries, allowing room for further negotiations before the renewed deadline of Aug. 1.
1don MSN
In his new round of tariffs being announced this week, Trump is essentially tethering the entire world economy to his instinctual belief that import taxes will deliver factory jobs and stronger growth in the U.S., rather than the inflation and slowdown predicted by many economists.
By David Lawder, Andrea Shalal and Timothy Aeppel WASHINGTON (Reuters) -U.S. President Donald Trump's latest tariff delay provided some hope to major trade partners Japan, South Korea and the European Union that deals to ease duties could still be reached,