US Edition
Trump's Tariffs Come Into Effect
INDIA, AUG 7 – The tariffs target stalled trade talks and India's Russian oil purchases, with duties reaching 50% and India's exports to the U.S. rising 25% in early 2025 due to stockpiling.
- On Thursday, President Donald Trump’s tariffs of 10% to 50% on nearly 70 nations, including India, Canada and Brazil, took effect.
- Amid stalled trade talks, President Donald Trump blamed New Delhi’s protectionist practices and its purchase and resale of sanctioned Russian oil for the tariffs.
- Canada’s tariff rose from 25% to 35%, and Brazil now faces a 50% tariff on imports, according to recent Trump actions.
- U.S. Customs and Border Protection began collecting higher tariffs at 12:01 a.m. EDT; Canada retaliated with $43 billion in duties, and analysts said countries will scramble to adjust.
- Even as framework deals emerge, a broader tariff strategy includes sectoral tariffs on semiconductors, pharmaceuticals, autos, steel, aluminum, copper, lumber and other goods, involving the European Union, Japan and South Korea.
28 Articles
28 Articles
Trump Kicks Trade War into High Gear as New Tariffs Take Effect
Huge tariffs on more than 90 countries took effect shortly after midnight on Thursday. President Trump slapped one of the highest tariff rates of 50% on India — set to go into effect on August 27 — unless India stops buying Russian oil. Democracy Now! speaks with Jayati Ghosh, economics professor at the University of Massachusetts Amherst, on the hypocrisy of the tariffs. “There’s so many double… Source
Donald Trump's India tariffs explained: Timeline, structure, impact, exemptions, and more— here are 8 key things to know
From timeline to impacted sectors, trade impact, cost to domestic exporters, and exemptions, here's an FAQ answering all your questions about the US tariffs imposed on India by President Donald Trump, effective 9 am today.
Trump’s 50% Tariffs May Clip India’s Growth by 1%, Analysts Say
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Trump's tariffs come into effect
President Donald Trump with his tariff board. Photo: Reuters President Donald Trump's higher tariff rates of 10% to 50% on dozens of trading partners kicked in today, testing his strategy for shrinking US trade deficits without massive disruptions to global supply chains, higher inflation and stiff retaliation from trading partners.
'Billions of dollars flowing into USA': Trump after tariffs come into effect globally, including India
The initial 25 per cent tariffs announced by the US on Indian imports came into effect on Thursday, with President Donald Trump saying billions of dollars from countries that have taken advantage of America are "flowing into the United States." 'Billions of dollars in tariffs flowing into USA': Trump It's Midnight!!! Billions of Dollars In Tariffs Are Now Flowing Into The United States Of America! Trump said in a post on Truth Social as the cloc…
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