President Trump’s additional 25% tariff on India became effective at midnight on Aug. 27, bringing the total rate to 50% on many imports entering the US.
A report released by the CBO predicted that President Donald Trump’s tariffs will reduce federal deficits by around $4 trillion over the next decade.
US and EU published details of trade framework caping most U.S. tariffs on European exports at 15% and commits bloc to purchases of American energy, tech, and defense equipment.
