Trump Announces New Global Tariff Regime With Up to 25% Rates

The Trump administration announced new tariffs of 25% on Brazilian goods and 10-12.5% on imports from 60 trading partners, citing forced labor concerns. The expansion extends the administration's tariff restructuring and will take effect Friday.

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Trump imposes 25% tariffs on Brazilian goods

rss:axiosus_mainstream75d ago kagi ↗

The Trump administration said Wednesday it will impose an additional 25% tariff on many Brazilian goods, escalating a trade fight it says is rooted in Brazil's treatment of U.S. companies. Why it matters: The new policy includes exemptions for key consumer staples like coffee and beef, suggesting the White House is trying to minimize the inflationary impact on American shoppers even as it steps up

Trump rebuilds trade regime with new tariffs on global trading partners

rss:axiosus_mainstream67d ago kagi ↗

The Trump administration announced a new round of tariffs of as much as 12.5% on 60 trading partners on Thursday, preventing a lapse in import taxes as a temporary tariff program nears expiration. Why it matters : It shows the White House's determination to sustain its tariff agenda as it turns to new trade laws as earlier authorities run their course or face legal challenges. The new tariffs take

Trump administration announces the next phase of global tariffs, with 10% to 12.5% rates on much of the globe

stream:bsky-jetstreamother67d ago kagi ↗

Trump loves inflation! He was honest when he said, “ I never think about Americans financial situation.” The man is a cold stone moron. Fuck You to all 77 million who voted for Trump. www.yahoo.com/finance/econ... The Trump administration on Thursday announced the replacement for the 10% "global tariffs" that expire at midnight, levying new rates of 10% to 12.5% on more than 60 of America's top tr

Trump administration imposes new tariffs on dozens of countries over forced labor concerns

stream:bsky-jetstreamother67d ago kagi ↗

Trump will impose tariffs up to 12.5% starting Friday on goods from 60 U.S. trading partners accused of failing to crack down on forced labor. Thursday, a move that will extend the tariffs on much of the world. www.cbsnews.com/news/trump-t... The Trump administration will impose tariffs of up to 12.5% on goods from 60 U.S. trading partners accused of failing to crack down on forced labor, extendin

Trump's Tariff Hikes Spark Anger From U.S. Trading Partners: 'Completely Unjustified'

stream:bsky-jetstreamother67d ago wire ×2 kagi ↗

His tariffs aren’t grounded in any economic or trade policy. He arbitrarily imposes them out of sheer malevolence and spite. Trump is a bully who has been handed a club. www.huffpost.com/entry/trump-... The administration announced extra tariffs of 10% to 12.5% on 60 economies, saying the countries had failed to adequately enforce a ban on goods made with forced labor.