Former President Donald Trump has announced a new round of tariffs affecting more than 80 countries, replacing a 10% global duty that was set to expire. This decision follows a ruling by the US Supreme Court that deemed many of his previous tariffs illegal. The new tariffs will range from 10% to 12.5% and will impact countries including the UK, Mexico, Canada, Australia, India, China, and the 27 member states of the European Union. This action continues Trump's efforts to enforce stringent trade policies despite legal challenges.
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Trump Implements New Tariffs on 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%, affect several major trading partners and follow a Supreme Court ruling that invalidated many of his earlier tariffs.
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Trump imposes fresh tariffs on UK, EU and dozens of other trading partners
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Trump Implements New Tariffs on Over 80 Countries