08/01/2025

Trump’s Expanded Tariffs Begin Today

The actions reverse decades of global trade expansion, development

President Donald Trump signed an executive order that adjusted so-called "reciprocal" tariffs on a slew of countries, with new levies ranging from 10 percent to 41 percent.

Trump told NBC News in a phone interview that he was open to more compelling offers, but it was "too late" for some nations to avoid duties as of next week. Meanwhile, world leaders have been reacting to the developments.

Additionally, a weak jobs report is raising pressure on the White House to blunt potential negative impacts of tariffs.

Please select this link to read the complete article from CNBC.