> President Trump signs order setting new tariffs on 68 nations and EU
President Trump signs order setting new tariffs on 68 nations and EU
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President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over decades.
The order was issued shortly after 7 p.m. on Thursday. It came after a flurry of tariff-related activity in the last several days, as the White House announced agreements with various nations and blocs ahead of the president's self-imposed Friday deadline. The tariffs are being implemented at a later date in order for the rates schedule to be harmonized, according to a senior administration official who spoke to reporters on a call on the condition of anonymity.
MORE: https://www.wthr.com/article/news/nation-world/trump-signs-order-imposing-new-tariffs/507-1f64480c-5339-4f01-8aac-e5e57fc977d6