Trump's higher tariffs hit major US trading partners, sparking defiance and concern

[groundloop]

Source: Reuters

U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland, Brazil and India hurriedly searching for a better deal.

The U.S. Customs and Border Protection agency began collecting the higher tariffs of 10% to 50% at 12:01 a.m. EDT (0401 GMT) after weeks of suspense over Trump's final tariff rates and frantic negotiations with countries seeking to lower them.

The leaders of Brazil and India vowed not to be cowed by Trump's hardline bargaining position, even while their negotiators sought a reprieve from the highest tariff levels.

The new rates will test Trump's strategy for shrinking U.S. trade deficits without causing massive disruptions to global supply chains or provoking higher inflation and stiff retaliation from trading partners.

Read more: https://www.reuters.com/business/autos-transportation/trumps-higher-tariffs-hit-major-us-trading-partners-sparking-defiance-concern-2025-08-07/

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Oh, but the geniuses tariffs are going to raise BILLIONS for the US economy.

[ProudMNDemocrat]

1. While STRIPPING billions from US Consumers.

Who pays your tariffs, Donnie?

[bucolic_frolic]

2. Result is US will be isolated with a shrinking economy

American ingenuity will find substitutes, repair the old, do without. THINK of what we have in our drawers, closets, basements, garages, attics, storage units!! We will consume less, export less, import less, and be just a bit more broke. The winner here is GOP power.

[ananda]

3. More blithering obfuscation.

These tariffs will be nothing but a fucking disaster
for Trump, the economy, and everyone else too.

[PortTack]

4. He sees it as HIS money!

[travelingthrulife]

6. But he'll throw us a little check with his beautiful signature on it.

[Griefbird]

5. They need to set up shell businesses in low tariff countries

They can buy the products in those countries and ship them from there to the U.S.

[BamaRefugee]

7. It's not going to be pretty when nobody in America can afford coffee in the morning!

The first revolution was caused by tea. The next one is going to be caused by coffee.