Trump's latest tariff salvo fuels economic uncertainty, experts say

Trump's latest tariff salvo fuels economic uncertainty, experts say


The president said on Monday that the U.S. will impose 100% tariffs on countries that engage in trade with Russia if there is no peace deal to end the war in Ukraine within 50 days. In another case of hitching trade policy to other foreign policy priorities, Mr. Trump said last week that the U.S. would slap a 50% tariff on goods from Brazil next month, citing the criminal prosecution of former Brazilian President Jair Bolsonaro, which Mr. Trump called an "international disgrace." Earlier this month, Mr. Trump announced a pact between the U.S. and Vietnam, while in June a more limited deal was reached with the United Kingdom that the White House said provides gives "American companies unprecedented access to British markets while bolstering U.S. national security."

Author: Megan Cerullo


Published at: 2025-07-14 20:37:54

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