Economics ❯International Trade ❯Tariffs ❯U.S. Tariffs

Impact on Countries

Trump Imposes Tiered 10–50% Tariffs on Imports to Begin August 7

By anchoring duties to trade deficits, the policy invites partners to negotiate lower rates ahead of next week’s implementation.

U.S. Sends Tariff Warning Letters as August 1 Reciprocal Duties Take Effect