91ÊÓƵ

Trump said that goods from Mexico imported into the U.S. would continue to face a 25% tariff, and that autos would face a 25% tariff, while copper, aluminum and steel would be taxed at 50%.

President Donald Trump’s authority to issue sweeping global tariffs under an emergency law was met with skepticism at a federal appeals court hearing July 31, a day before higher rates are set to start.

The pact involves a reduction of the so-called reciprocal tariffs, especially on Pakistani exports, but no details on tariffs were shared by either side.

Trump on July 31 announced tariffs of 15% on imports from South Korea that matched the rate for neighbor Japan, and a painful 25% levy on imports from India.

Trump has threatened to impose a 35% tariff on Canada if no deal is reached by Aug. 1.

President Donald Trump delayed the implementation of 50% tariffs on Brazilian exports by seven days while exempting many products from the punishing levy.

President Donald Trump on July 30 signed an executive order suspending the de minimis exemption, applying tariffs to low-value imports from all trading partners.

President Donald Trump imposed a 50% tariff on all semi-finished copper products coming into the U.S. but stopped short of applying the duty to imported refined copper.

Chair Jerome Powell has said the Fed would likely have cut rates already if not for President Donald Trump’s sweeping tariffs.

The deal should eventually boost the carmaker’s slowing energy storage business.