Trump Introduces New Tariffs on Dozens of US Trade Partners

Sky News

The U.S. President Donald Trump.

The United States’ President Donald Trump has announced a new wave of tariffs affecting imports from over 60 countries, including members of the European Union. The measures, issued through an executive order, are part of a wider push by the administration to promote fairer trade terms and support domestic industry.

The new tariffs range from 10% to 41%, with some taking effect immediately and the majority set to be implemented from 7 August. According to the White House, the tariffs are being applied in response to long-standing trade imbalances and are intended to encourage more reciprocal economic relationships.

Canada is one of the few countries facing immediate tariffs, now subject to a 35% duty on goods not covered under the United States–Mexico–Canada Agreement (USMCA). The US cited concerns related to border security and trade deficits. Canadian Prime Minister Mark Carney expressed disappointment, urging continued dialogue between the two governments.

Other countries—including India, Brazil, Switzerland, Taiwan, and South Africa—are expected to be affected from next week, with rates ranging between 20% and 50%. India, for instance, will face a 25% tariff, with the US pointing to trade disparities and ongoing policy disagreements. Negotiations with several countries are reportedly underway.

Speaking at a press event in Michigan, President Trump stated: “We’re focused on ensuring that American workers and industries are treated fairly. This is about restoring balance and respect in our global trade relationships.”

While some economic analysts have raised concerns about potential effects on inflation and global supply chains, others note that the move may bolster certain US-based industries and reduce reliance on foreign imports. The long-term economic impact remains to be seen, particularly as legal challenges to the tariffs are currently being reviewed in US courts.

As the 7 August deadline approaches, several governments are evaluating their trade positions and considering possible responses. Many are expected to seek exemptions or engage in discussions with Washington in an effort to minimise disruption.

Sources: Reuters, AP, and White House



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