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Trump Signs Order to Impose New Tariffs on Trading Partners, Effective in Seven Days

The Statesman Siliguri

|

August 02, 2025

President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of US trading partners to go into effect on 7 August – the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over decades.

- AGENCIES

The order was issued shortly after 7 p.m. on Thursday. It came after a flurry of tariff-related activity in the last several days, as the White House announced agreements with various nations and blocs ahead of the president's self-imposed Friday deadline. The tariffs are being implemented at a later date in order for the rates schedule to be harmonized, according to a senior administration official who spoke to reporters on a call on the condition of anonymity.

The Statesman Siliguri से और कहानियाँ

The Statesman Siliguri

Precision-driven strategies to define future of banking: McKinsey

After the peak of the past few years, the banking sector may experience a reversion to the mean, with slower growth and mounting pressure on profitability, a Mckinsey & Company report said.

time to read

1 min

October 27, 2025

The Statesman Siliguri

Ningol Chakkouba in Manipur marks communal harmony, and solidarity

The festival of Ningol Chakkouba, symbolising the deep bond between brothers and sisters, was celebrated across Manipur today with great enthusiasm.

time to read

1 min

October 27, 2025

The Statesman Siliguri

INS Sutlej completes 18th Joint Hydrographic Survey with Mauritius

INS Sutlej successfully completed a joint hydrographic survey with the Mauritius Hydrographic Service, covering an extensive area of approximately 35,000 square nautical miles.

time to read

1 min

October 27, 2025

The Statesman Siliguri

Market outlook: US Fed meeting, Q2 earnings, trade deals likely to drive market sentiment next week

The coming week is expected to be crucial for Indian equity markets, with multiple key factors likely to influence investor sentiment.

time to read

1 mins

October 27, 2025

The Statesman Siliguri

Raj CM Sharmato host ‘Pravasi Rajasthani Meeť’ in Kolkata on Tuesday

To engage with Kolkata's Non Resident Rajasthani (NRRs) community, Chief Minister Bhajan Lal Sharma will host the 'Pravasi Rajasthani Meet' in the state capital of West Bengal on 28 October.

time to read

1 min

October 27, 2025

The Statesman Siliguri

Cyclone Montha to bring heavy rainfall in several places in Bengal

The Meteorological (MeT) Department today said that Cyclone Montha is unlikely to have a direct impact on West Bengal, though it will bring heavy rainfall to several districts of South Bengal, including Kolkata, from tomorrow onwards.

time to read

1 mins

October 27, 2025

The Statesman Siliguri

Gen Z’s challenge

Amidst the euphoric celebration of youth power, a point of contemplation would be how far such violent churnings are capable of ushering in a new era of equality, a new system of democratic and accountable governance? Unfortunately, history speaks otherwise

time to read

4 mins

October 27, 2025

The Statesman Siliguri

Customs officer attacked inside his Rajpur apartment after clash with auto driver

CENTRAL CUSTOMS OFFICER PRADEEP KUMAR WAS ATTACKED IN HIS APARTMENT BY A MOB OF 50-60 PEOPLE AFTER AN ARGUMENT WITH AN AUTO-RICKSHAW DRIVER. THE MOB BROKE THE MAIN GATE, SMASHED THE APARTMENT LOCK, AND ASSAULTED KUMAR AND HIS WIFE; CCTV FOOTAGE CAPTURED THE VIOLENCE. ONE PERSON HAS BEEN ARRESTED; INVESTIGATIONS ARE ONGOING, BUT THE POLICE RESPONSE WAS REPORTEDLY DELAYED DUE TO IMMERSION DUTIES.

time to read

1 mins

October 27, 2025

The Statesman Siliguri

Top firms gain ₹1.55L cr; Reliance, TCS lead

Last week, the combined market valuation of seven of the top 10 most valued firms spiked by Rs 1,55,710.74 crore.

time to read

1 mins

October 27, 2025

The Statesman Siliguri

Sonam Wangchuk says his words were twisted to justify his NSA detention

Samajwadi Party President Akhilesh Yadav has stated that farmers are constantly grappling with a fertilizer crisis under the BJP government in Uttar Pradesh. \" After paddy, fertilizers for sowing wheat and other crops are now unavailable. Farmers are running from pillar to post for fertilizers like DAP, NPK, and others,\" he alleged.

time to read

1 min

October 27, 2025

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