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After walkbacks and confusion, U.S. tariffs kick in for dozens of nations

greater by greater
August 7, 2025
Reading Time: 5 mins read
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After walkbacks and confusion, U.S. tariffs kick in for dozens of nations


President Donald Trump started levying larger import taxes on dozens of nations Thursday, because the financial fallout of his months-long tariff threats has begun to create headwinds for the U.S. economic system.

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Simply after midnight, items from greater than 60 international locations and the European Union grew to become topic to tariff charges of 10 per cent or larger. Merchandise from the European Union, Japan and South Korea are taxed at 15 per cent, whereas imports from Taiwan, Vietnam and Bangladesh are taxed at 20 per cent.

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