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The August 2025 Tariffs Update: New Changes to Reciprocal Tariffs On August 1, 2025, the United States under President Donald Trump initiated one of the most sweeping and consequential tariff expansions in the country’s recent trade history This aggressive move, centered on “reciprocal” tariffs against close to 70 trading partners, was designed to upend decades of global trade architecture and assert American dominance in a turbulent economic
Update on US Tariffs: New Regulations Take Effect August 1 | Global Sources The future of tariffs and trade policies will likely be influenced by various factors, including: Political Developments Political changes in the US and other countries can significantly impact trade policies Companies should monitor: Upcoming elections: Changes in administration can lead to shifts in trade policy and tariff regulations
Presidential 2025 Tariff Actions: Timeline and Status the beginning of his second term as president on January 20, 2025, President Donald J Trump has invoked multiple legal authorities to increase tariffs on U S imports Some trading partners have announced retaliatory tariffs on U S exports This report provides tables that list the tariff actions initiated by the President
Reciprocal Tariff Modification – What August 1 Trump Administration . . . The White House announced a new Executive Order on the evening of July 31, 2025, that modifies reciprocal tariff rates for import countries of origin, titled “Further Modifying The Reciprocal Tariff Rates” (the “E O ”) Key changes are effective on August 7 and October 5, 2025