Former President Donald Trump has announced new tariffs on more than 80 countries, which will replace a 10% global duty set to expire. This decision follows a ruling by the US Supreme Court that deemed many previous tariffs illegal. The new tariffs will range from 10% to 12.5% and will impact countries including the United Kingdom, Mexico, Canada, Australia, India, China, and the 27 member states of the European Union.
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Trump Implements New Tariffs Affecting Over 80 Countries
Donald Trump has imposed new tariffs on over 80 countries, replacing an expiring 10% global duty. The tariffs, ranging from 10% to 12.5%, follow a Supreme Court ruling that many previous tariffs were illegal.
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Trump imposes fresh tariffs on more than 80 countries, drawing protests from US allies and trading partners
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Trump Implements New Tariffs Affecting Over 80 Countries