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Don's Tariff Order Rattles US Trade Allies
The New Indian Express Nagapattinam
|August 02, 2025
US trade partners reacted on Friday to President Donald Trump's executive order now set to introduce new tariffs on many of them starting August 7—as the global economy faces another test from the president's chaotic trade agenda.
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Trump's order, signed late on Thursday, imposes a change in tariffs on 66 countries, the European Union, Taiwan and the Falkland Islands. It came after a flurry of tariff-related activity in recent days, as the White House announced agreements with various nations and blocs ahead of the president's self-imposed Friday deadline, when he previously threatened sweeping new levies would kick in worldwide.
For countries who had not yet reached a deal with the US prior to Friday, this is potentially welcome news.
Diese Geschichte stammt aus der August 02, 2025-Ausgabe von The New Indian Express Nagapattinam.
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