President Donald Trump's new tariffs on imports from more than 90 countries officially took effect just after midnight Eastern Time on August 7, 2025. These tariffs, which include rates as high as 50%, represent a major escalation in the ongoing trade war and are part of Trump's broader effort to reshape global trade and establish a new international economic order. The measures impact a wide range of products, including European appliances, Japanese cars, and numerous goods from China. The tariffs have introduced economic uncertainty for dozens of countries and are already causing visible effects on the U.S. economy. Trade partners affected by the levies are seeking ways to mitigate the impact as the global growth outlook faces increased pressure amid this reshaping of trade practices.
American businesses and consumers soon will have a better idea of how President Trump’s trade agenda might affect them now that the U.S. has imposed higher tariffs on products from dozens of countries. https://t.co/cmkRkR0DCi
Trump’s tariffs are meant to have the force of war. But as with most of his policies, the casualties are the American people. From @haroldmeyerson: https://t.co/ww8qiex0Iq
“The Trump administration has, in effect, turned the political economy of trade on its head,” writes Michael Froman. “The costs of its policies are likely to be highly visible and felt immediately by most Americans.” https://t.co/s7qknMSSWe