Tariff Timeline: A Real-Time Look at 2025’s Key Trade Shifts July30th- New tariffs to India and Additional Duties for Brazil 25% in Imports from India. U.S. President Donald Trump declared that a 25% tariff will be placed on a broad range of imports from India, effective August 1, 2025 Trump also mentioned an unspecified additional penalty tied to India’s ongoing purchases of military equipment and … Read More
US to Slap 104% Tariff on China After Deadline Expires
In a significant escalation of trade tensions, the United States has confirmed the implementation of a 104% tariff on Chinese imports, effective 12:01 a.m. ET on Wednesday. This move follows China’s refusal to withdraw its 34% retaliatory tariffs on American goods by President Trump’s Monday deadline. The White House emphasized that this action aims to address longstanding trade imbalances and unfair practices by China. White … Read More