Reported about 24 hours ago
President Trump has announced significant tariff measures, including a 25% tariff on Indian goods and 50% tariffs on Brazilian imports and some copper products, effective August 1. He reiterated the urgency of reaching a trade deal with India and mentioned a new trade agreement with South Korea that involves a 15% tariff on imports. Tensions with China continue as both nations concluded tariff discussions without a resolution. As tariffs rise, speculations grow concerning their inflationary impacts on various goods.
Source: YAHOO