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Trump’s Last Minute Tariff Hurdles
CANADA, JUL 31 – President Trump raised tariffs on over 90 countries to pressure trade partners and address deficits, with some rates reaching as high as 50%, reshaping global trade relationships.
- President Donald Trump signed an executive order for new import duties that took effect on Aug. 7, affecting 68 countries and the 27-member European Union.
- Syria will face a 41% tariff, which is the highest among the affected parties.
- Canadian Prime Minister Mark Carney expressed disappointment with the increase in tariffs from 25% to 35%.
- Mexico entered a 90-day negotiation period to maintain current tariff rates at 25%, while China's trade status remains unclear after recent talks.
14 Articles
14 Articles
It might seem like Trump is winning his war — but the US could soon be in a world of pain
Last week, US President Donald Trump issued an executive order updating the “reciprocal” tariff rates that had been paused since April.Nearly all US trading partners are now staring down tariffs of between 10% and 50%.After a range of baseline and sector-specific tariffs came into effect earlier this year, many economists had predicted economic chaos. So far, the inflationary impact has been less than many predicted. However, there are worrying …
Slog AM: Trump’s Still Throwing Tariff Tantrums, Out-of-State Money Rolls into City Council Race, Boeing Workers Threaten to Strike
The Stranger's morning news roundup. by Hannah Murphy Winter Good Morning! Today is our last day in the 80s for a while. We’ll slide into the weekend with some perfect Seattle weather in the high 70s, and it’ll last through the first half of next week. Let’s do the news. Who Wants to Build Trump’s Fighter Jets Anyway? More than 3,200 machinists in Boeing’s St. Louis-based defense division are threatening to walk off the job on Sunday and halt pr…
Trump’s Last Minute Tariff Hurdles
Playbook: “There are just hours to go before President Donald Trump’s deadline for scores of countries to strike trade deals with the U.S. or face steep tariffs. The president has managed to bend many trading partners to his will with lopsided (if vaguely sketched) agreements — and largely sidestepped, so far, the negative economic fallout that experts had predicted.” “But as the clock ticks down, Trump’s protectionist agenda is also facing some…
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