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France 24

World economies react to Trump's tariffs punch

France 24 · New
France 24
France 24
New

Trump signed an order imposing steep tariffs on 66 countries, the European Union, Taiwan and the Falkland Islands, to go into effect Aug. 7, after he originally threatened them for April but postponed twice after that until Aug. 1.

Breakdown
  • President Trump signs off on new tariffs targeting multiple US trading partners.
  • Tariffs include 41% on Syria, 35% on Canada, 25% on India, and 50% on Brazil. 11s
  • Brazil and EU leaders criticize the tariffs as unjustifiable and outside normal trade frameworks. 34s
  • Mexico receives a 90-day negotiating period, while South Korea and Japan strike deals to avoid new tariffs. 50s
  • Trump argues tariffs will benefit the US economy, but critics warn of inflation and damage to global standing. 1m 29s
International PoliticsEconomy