cbs news
President Trump on Thursday formally announced higher tariffs against more than 60 U.S. trading partners starting next week — just hours before the administration’s self-imposed midnight deadline.
The president signed an executive order listing out tariff rates for imports from dozens of countries, including a handful that have cut trade deals with the administration and dozens that haven’t reached a deal yet. The duties range as high as 41% for Syria and 40% for Laos and Myanmar, while almost no country’s imports will face tariffs below 10%.
The new tariffs apply to imports that are “entered for consumption, or withdrawn from warehouse for consumption,” in seven days, the order said. Mr. Trump had vowed to impose higher tariffs starting just after midnight on Friday, Aug. 1. A White House official told CBS News the extra seven days were intended to give Customs and Border Protection enough time to implement the new tariff rates.
“[F]or most economies and most of our trading partners, the cost of doing trade tomorrow will be higher than it is today,” Greg Daco, chief economist at management consulting firm EY-Parthenon, said prior to the release of Thursday’s list. More
Since the tariffs, as we speak, are being challenged in the courts;
https://www.msn.com/en-us/news/politics/could-trump-s-tariffs-still-be-overturned-what-to-know-as-court-hears-arguments-today-right-before-aug-1-deadline/ar-AA1JEo5P?ocid=BingNewsSerp
I’m glad he implemented them now so if the appeals court upholds the lower court ruling he can say ,” Eat a bag of dicks, they stay in place until SCOTUS rules”.
Tariffs were a campaign promise; we all knew they were coming. We trust the man, let him cook.
To be honest, I’m 190% behind Trump. But at times things he says make me cringe. The guys showing his brilliance with the way he’s using the tariff threats. Brilliant shit. Amazing results. I wonder if he’ll ever get credit for it?
Finally! I don’t mind the fine tuning on timing and amounts as Trump navigates and negotiates. I am grateful that he cares so very much for America and Americans and his blood has been boiling for a long time over the rest of the world “Ripping us off!”. They can’t say they weren’t warned.
At times I believe he is the only person in the federal gov’t who cares.
I am with Bad Brad,,,, Trump does wonderful things but he needs to STFU about his plans, stop the threats and warnings,,, and just do it. Stomp ass,,,, explain later.
I’m okay with tariffs in the short term if, and only if, they result in one of two things; encouraging businesses to build in the United States, or encouraging other countries to buy our products.
If neither of these things happen, then it is just a giant tax for you and I to pay.
Tariffs: A new category of Sales Tax levied on the American people.
Jason/Dr. Jay
For your review. Trump has already won the trade battle.
https://www.whitehouse.gov/articles/2025/06/trump-effect-a-running-list-of-new-u-s-investment-in-president-trumps-second-term/