Trump Administration Broadly Raises Tariffs, Targeting Multiple Countries
The Trump administration enacted sweeping increases in import tariffs—which now average around 18.3%, levels not seen since 1934—affecting over 100 countries. Specific measures include 50% tariffs on goods from India and Canada and 10–20% on goods from the EU, Japan, South Korea, and others. The administration cited national manufacturing goals; critics warn of inflation and supply‑chain disruptions.
Simultaneously, China‑Ukraine diplomatic developments continued, with the U.S. Special Envoy Steve Witkoff meeting Putin amid ongoing war‑pressure dynamics.
Source 1: Breitbart, Source 2: CNN
|