Trump announces steep tariffs on 14 countries starting Aug. 1
https://www.cnbc.com/2025/07/07/trump-t ... japan.html
Trump’s team has discussed making announcements on lumber, chips, critical minerals and drugs, in that order.
Those would follow existing duties on steel, aluminium, automobiles and car parts.
Once fully implemented, all the sectoral tariffs would cover 30% to 70% of a country’s imports, with much of the rest being hit by country-specific charges,
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