Trump Unleashes Sweeping Tariff Hikes on Dozens of Countries in Major Trade Overhaul
In a dramatic escalation of his economic nationalist agenda, former U.S. President Donald Trump has signed an executive order reimposing tariffs on dozens of countries, with rates ranging from 10% to a steep 41%, in a move poised to redefine the global trade landscape. Although the tariffs were initially slated to take effect immediately, the White House announced a one-week delay, signaling a narrow window for further negotiations with affected trading partners. Despite the pause, the order reflects Trump’s longstanding belief in tariffs as a cornerstone strategy to bolster U.S. manufacturing, deter foreign imports, and recalibrate global trade in favor … Continue reading Trump Unleashes Sweeping Tariff Hikes on Dozens of Countries in Major Trade Overhaul
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