Overview

• Broad tariffs ranging from 10 to 50 percent on imports from nearly 70 countries took effect at midnight Washington time under Trump’s national emergency decree.
• Most EU products now carry a 15 percent duty after a reciprocal energy and investment deal, though reciprocal concessions remain disputed.
• Switzerland faces a 39 percent levy after bilateral talks failed to lower its rate, prompting government protests and industry warnings of job losses.
• India’s tariff doubled to 50 percent as the first secondary sanction for continued Russian oil imports, with further duties threatened for noncompliance.
• An August 12 deadline looms for a China trade pact while multiple affected nations prepare World Trade Organization challenges over the blanket security justification.