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Trump unveils tariff rates set to take effect next week

133d ago
World
ABC News
Trump unveils tariff rates set to take effect next week
President Trump has signed an executive order imposing tariffs on a wide range of goods from most of America's trading partners. The new tariffs, which are scheduled to take effect next week, represent a significant escalation in the administration's trade policy. The specific tariff rates and affected goods were detailed in the order. The move is likely to provoke retaliatory measures from other countries and could have a significant impact on the global economy, potentially increasing costs for consumers and businesses alike. The White House maintains that the tariffs are necessary to protect American industries and jobs.
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