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Massive US trade levies take effect
The Citizen
|August 08, 2025
The United States began charging higher tariffs on dozens of trading partners yesterday, in a major escalation of President Donald Trump's drive to reshape global commerce in America's favor.
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Shortly before the new levies kicked in, the US separately announced it would double tariffs on India to 50% and hit many semiconductor imports from around the world with a 100% levy.
As an executive order signed last week by Trump took effect, US duties rose from 10% to levels between 15% and 41% for a list of trading partners.
Many imports from economies including the European Union, Japan and South Korea now face a 15% tariff, even with deals struck with Washington to avert steeper threatened levies.
This story is from the August 08, 2025 edition of The Citizen.
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