LeadStory

What is the latest news on tariffs?

Asked 8 hours ago

Answer

Recent tariff news includes U.S. threats of steep increases on pharmaceuticals, India, and the EU, with new rates and deadlines approaching for over 70 countries. Major sectors in South Africa and Switzerland face significant new U.S. tariffs, while Canada continues negotiations to avoid higher rates.

Now Playing

Euronews

Trump threatens EU with 35% tariffs if investment pledge unfulfilled

Euronews · New
Euronews
Euronews
New
  • Trump warns EU of 35% tariffs if investment pledge is not met. 5s
  • The $600 billion EU investment pledge was a reason for lowering tariffs to 15%. 14s
  • The EU Commission cannot direct private sector investments. 41s
  • The trade deal includes a 15% tariff on most EU imports. 53s
  • Europe has committed to purchasing $750 billion in American energy, with details pending. 1m 6s
International PoliticsEconomy

References

Trump threatens EU with 35% tariffs if investment pledge unfulfilled
Icon
Euronews
8 hours ago
Trump threatens EU with 35% tariffs if investment pledge unfulfilled

Trump warns the EU that if a $600 billion investment pledge is not met, the U.S. will impose a 35% blanket tariff, up from the current 15%.

What to know about Trump's tariffs and upcoming deadlines
Icon
CNBC
1 day ago
What to know about Trump's tariffs and upcoming deadlines

New tariff rates on exports from over 70 countries, including India and Canada, are set to take effect soon, with ongoing negotiations and deadlines this week.

How Trump’s tariffs could affect Christmas products
Icon
CNBC
1 day ago
How Trump’s tariffs could affect Christmas products

Retailers face a 25% average tariff on Christmas goods, leading to fewer products on shelves and higher prices for specialty items.

Trump says new semiconductor tariff plan coming as soon as next week
Icon
CNBC
1 day ago
Trump says new semiconductor tariff plan coming as soon as next week

Trump states that new tariffs on pharmaceuticals and semiconductors will be announced soon, as part of a broader strategy to strengthen U.S. manufacturing.

Trump threatens 250% tariff on pharmaceuticals down the line
Icon
CBS America
1 day ago
Trump threatens 250% tariff on pharmaceuticals down the line

President Trump announces plans for an initially small tariff on pharmaceuticals, increasing to 150% in a year and eventually 250% to boost domestic manufacturing.

Trump again threatens India with harsh tariffs over Russian oil
Icon
Reuters
1 day ago
Trump again threatens India with harsh tariffs over Russian oil

Trump had already announced 25% tariffs on Indian imports in July and threatens higher tariffs due to India's continued purchase of Russian oil.

Trump says he will 'substantially' raise tariffs on India
Icon
CNBC
2 days ago
Trump says he will 'substantially' raise tariffs on India

Trump announces plans to substantially raise tariffs on India due to its purchase and resale of Russian oil, though specific rates are not yet disclosed.

South African officials: U.S. tariffs could put 30,000 jobs at risk
Icon
Africanews
2 days ago
South African officials: U.S. tariffs could put 30,000 jobs at risk

U.S. imposes a 30% unilateral tariff on South African exports, threatening up to 30,000 jobs, especially in automotive and agriculture sectors.

Swiss shares slump amid tariff shock
Icon
CNBC
3 days ago
Swiss shares slump amid tariff shock

U.S. announces nearly 40% tariffs on Swiss exports, causing significant declines in Swiss stocks and concerns over economic growth.

Canadian officials confident U.S. trade deal will be reached
Icon
CBC News
3 days ago
Canadian officials confident U.S. trade deal will be reached

Canada faces new U.S. tariffs of 35% on certain exports, but officials remain confident a trade agreement can be reached.

What Are People Asking?