Reported 2 days ago
On the eve of a key deadline, Donald Trump announced a series of tariffs, including a 15% levy on South Korean imports and a 25% tariff on India, as part of his strategy to reshape global trade relations. Deals with several nations, such as Thailand, Cambodia, and Taiwan, are in progress, while a new tariff structure for copper has led to a significant market downturn. As uncertainty looms over existing trade negotiations, consumers and businesses in the U.S. brace for higher costs on imports from August 29, with potential implications for international trade dynamics.
Source: YAHOO