US tariffs take effect Friday: 5 key imports face steep hikes; economic fallout looms
Wednesday, 30 July 2025 () President Trump's proposed tariffs on key imports like coffee, apparel, jasmine rice, cocoa, electronics, and raw materials are set to take effect, raising concerns about increased consumer prices and economic strain. Major trading partners, including Brazil, Vietnam, China, Thailand, and India, will face significant duties.
U.S. President Donald Trump has hinted at a possible trade deal with India but warned of steep tariffs if no agreement is reached by August 1. Calling PM Modi a "friend," Trump criticized India’s high tariffs on U.S. goods, threatening 20–25% duties if talks stall. The U.S. had earlier imposed a...
Trump announces tariffs and penalty on India over Russian oil and arms imports
Ahead of Friday's new tariff package, Trump announced that a 25% tariff would be imposed on India along with another..
Credit: euronews (in English) Duration: 01:11Published
President Trump has announced sweeping 30% tariffs on imports from the European Union and Mexico, igniting fresh trade tensions. Starting August 1, key sectors like auto parts, electronics,..
Trump-Musk Relation: Donald Trump and Elon Musk's relationship has gone from clashes to collaboration and back to conflict. What began as skepticism in 2016 evolved into praise, appointments, and..