07-08-2025

Trump's Tariff Policies Spark Global Trade Uncertainty

Date: 07-08-2025
Sources: bbc.com: 2 | cnbc.com: 2 | economist.com: 2 | edition.cnn.com: 3 | france24.com: 2 | npr.org: 1 | nypost.com: 2 | nytimes.com: 5 | scmp.com: 2 | straitstimes.com: 1
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Source: france24.com

Image content: The image shows a man sitting at a table in front of a window with a caption below him. The man is Mujtaba Rahman, Managing Director for Europe, Eurasia Group, London, who appears to be being interviewed for a news broadcast. The caption reads "US President hits dozens of countries with steep duties D-DAY FOR TRUMP'S TARIFFS" and is related to US trade policies under President Trump.

Summary

US President Donald Trump's administration has implemented a series of tariffs on dozens of countries, sparking concerns about global trade uncertainty and potential economic impact. The tariffs, ranging from 15% to 100%, aim to reshape the global trading system and protect American industries, but have been met with reactions from various countries, including India, China, and Southeast Asian nations.

Key Points

  • Apple has pledged to invest an additional $100 billion in the US after pressure from Trump, adding to its previous commitment of $500 billion over four years.
  • Trump's tariffs have taken effect, impacting dozens of US trading partners, including India, China, and countries in Southeast Asia.
  • The tariffs range from 15% to 100% and target various products, including semiconductors, chips, and oil.
  • Economists warn of potential consequences, including inflation, reduced hiring, and decreased home values.

Articles in this Cluster

Donald Trump pressure extracts $100bn Apple investment pledge

Apple has pledged to invest an additional $100 billion in the US after pressure from President Donald Trump, adding to its previous commitment of $500 billion over four years. The investment aims to boost Apple's domestic supply chain, including creating new data centers and a smart glass production line in Kentucky. The move comes as Apple faces potential tariffs on its products and seeks to avoid a 100% tariff on chips and semiconductors. Trump's policies have been influencing companies to invest in the US, with Apple being a significant example.
Entities: Donald Trump, Apple, Tim Cook, US, ChinaTone: neutralSentiment: neutralIntent: inform

Trump's sweeping new tariffs take effect against dozens of countries

US President Donald Trump has implemented sweeping new tariffs on over 90 countries worldwide, with the aim of reshaping the global trading system. The tariffs, which range from 20% to 50%, target countries with close trade ties to China, including Laos, Myanmar, India, and Brazil. Some major economies, such as the UK, Japan, and South Korea, have reached agreements to lower tariffs. Trump's trade policies have been met with reactions from various countries, with some expressing relief and others concern.
Entities: Donald Trump, United States, China, India, LaosTone: analyticalSentiment: negativeIntent: inform

Asia markets live: India-U.S., chip tariffs, Toyota earningsStock Chart IconStock Chart IconStock Chart IconStock Chart IconStock Chart Icon

Asia-Pacific markets opened mixed on Thursday following U.S. President Donald Trump's announcement of a 100% tariff on imported semiconductors and chips, unless they are made by companies 'building in the United States.' The news led to a mixed reaction in Asian chip-related stocks, with some rising and others falling. Taiwan's benchmark Taiex index surged over 2%, while Indian stocks fell in early trade. China's July exports growth beat market expectations, rising 7.2% in U.S. dollar terms from a year earlier. Japan's Topix index briefly hit an all-time high, and oil prices rose after Trump's tariff announcement.
Entities: Donald Trump, United States, Asia-Pacific, India, ChinaTone: neutralSentiment: neutralIntent: inform

Trump's 'reciprocal' tariffs come into effect, hitting dozens of U.S. trading partners

U.S. President Donald Trump's 'reciprocal' tariffs have taken effect, impacting dozens of U.S. trading partners with higher duties on their exports to the U.S. The tariffs range from 39% to 50%, with countries like Syria, Laos, Myanmar, Switzerland, Brazil, and India being among the most affected. Trump announced the tariffs on social media, stating they target countries that have taken advantage of the U.S. for years.
Entities: Donald Trump, United States, Syria, Laos, MyanmarTone: neutralSentiment: negativeIntent: inform

If America goes after India’s oil trade, China will benefit

The article discusses the potential consequences of the US targeting India's oil trade, particularly its imports of Russian crude oil. India has become Russia's largest customer for crude oil since Western countries began boycotting Russian oil in 2022. The article suggests that if the US were to crack down on India's oil trade with Russia, China would likely benefit. India's imports of Russian crude oil have reduced its import bill and allowed local refiners to profit from processing and exporting the oil.
Entities: America, India, China, Russia, The EconomistTone: analyticalSentiment: neutralIntent: inform

Trump will not let the world move on from tariffs

The article discusses how former President Donald Trump is still fixated on tariffs despite the world trying to move on from his 'Liberation Day' tariffs announced on April 2nd. It highlights the damage caused by Trump's tariffs to America, its trading partners, and consumers through six charts.
Entities: Donald Trump, White House, America, China, The EconomistTone: analyticalSentiment: negativeIntent: critique

Apple just got a big win in Trump’s tariff war. It may have bigger concerns | CNN BusinessClose icon

The White House has exempted Apple from new tariffs on Indian imports, a significant win for the tech giant ahead of its annual iPhone launch. Despite this, analysts believe Apple faces bigger concerns, such as its future product strategy and approach to artificial intelligence (AI). Apple's diversified supply chain and high margins position it to manage the tariffs, but the company still faces challenges in navigating the complex global trade landscape. Meanwhile, Apple's AI efforts are perceived to be lagging behind its competitors, with the company's delayed Siri upgrade and initial AI features not launching with the iPhone 16.
Entities: Apple, White House, Donald Trump, India, iPhoneTone: neutralSentiment: positiveIntent: inform

Trump says more secondary sanctions are coming, including potentially on China | CNNClose icon

US President Donald Trump has warned that more secondary sanctions are coming for countries buying Russian energy products, potentially including China, as part of his effort to cripple Russia's economy over its war in Ukraine. Trump imposed a 25% tariff on India for importing Russian oil and gas, escalating tensions between Washington and its trading partners.
Entities: Donald Trump, Russia, China, India, UkraineTone: urgentSentiment: negativeIntent: inform

Why Trump is threatening India with 50% tariffs | CNN

The article discusses President Trump's decision to impose a 50% tariff on India, with an additional 25% tariff on top of the existing 25% reciprocal tariffs, as a punishment for India's importation of Russian oil and gas. The move is seen as a hardball tactic by the Trump Administration towards one of America's most important trading partners and the world's fifth-largest economy.
Entities: Donald Trump, India, Russia, CNN, Phil MattinglyTone: neutralSentiment: negativeIntent: inform

Apple to invest $100 billion in US as Trump doubles down on 100% tariffs on semiconductors

US President Donald Trump announced that Apple will invest an additional $100 billion in the US, bringing its total investment to $600 billion over the next four years. Trump also stated that he will impose a 100% tariff on imported semiconductors. Apple CEO Tim Cook clarified that while many iPhone components will be manufactured in the US, the complete assembly of iPhones will still be done overseas.
Entities: Apple, Donald Trump, Tim Cook, United States, TaiwanTone: neutralSentiment: neutralIntent: inform

New Trump tariffs take effect, plunging dozens of countries into economic uncertainty

US President Donald Trump's new tariffs on dozens of countries have taken effect, causing economic uncertainty and potential backlash. The tariffs range from 15% to 41% and affect various products from countries like the EU, Japan, and South Korea. Economists warn of inflation and negative impact on growth, while companies fear harm to smaller American businesses.
Entities: Donald Trump, USA, European Union, Japan, South KoreaTone: neutralSentiment: negativeIntent: inform

Trump's broad tariffs go into effect, just as economic pain is surfacing : NPR

The article discusses the implementation of President Donald Trump's broad tariffs on goods from over 60 countries and the European Union, with tariff rates ranging from 10% to 20%. The tariffs are expected to have a significant impact on the US economy, with potential consequences including reduced hiring, increased inflation, and decreased home values. Despite Trump's claims that the tariffs will lead to unprecedented growth, many economists are skeptical and warn of a gradual erosion of the economy rather than a sudden collapse. The article also highlights the uncertainty and challenges surrounding the tariffs, including potential legal challenges and the impact on US ports and trade partners.
Entities: Donald Trump, United States, European Union, White House, NPRTone: neutralSentiment: negativeIntent: inform

Hey, experts — admit how you got Trump's tariffs so wrong

The article argues that economists were wrong in their predictions about the effects of Trump's tariffs, and that the results have been positive for the US economy. It contends that tariffs are not unique in their economic impact, but rather are similar to other taxes. The article also praises Trump's negotiation tactics and suggests that tariffs can be a useful tool for advancing national interests.
Entities: Donald Trump, Joseph Stiglitz, Justin Wolfers, Donald Boudreaux, Phil GrammTone: positiveSentiment: positiveIntent: critique

Trump's higher tariff rates hit goods from major US trading partners

The article discusses the implementation of President Donald Trump's higher tariff rates on goods from major US trading partners, which took effect on August 7, 2025. The tariffs range from 10% to 50% and are expected to test Trump's strategy for reducing US trade deficits without causing significant disruptions to global supply chains or sparking retaliation from trading partners. Eight major trading partners have reached framework deals to reduce their base tariff rates, while countries like India and Canada face higher duties. The move is expected to drive up US tariff revenues but also increase prices for consumers and hit companies' profits.
Entities: Donald Trump, United States, China, India, CanadaTone: neutralSentiment: negativeIntent: inform

China’s Exports Surged in July as Companies Raced to Beat Trump Tariffs - The New York Times

China's exports surged 7.2% in July as companies rushed to ship goods to Southeast Asia and other regions before President Trump's tariffs took effect. Exports to the US directly dropped by over 20%, but China's overall trade surplus remains significant. The US has been trying to curb transshipment, and new rules are expected to be released soon.
Entities: China, United States, President Trump, Southeast Asia, European UnionTone: neutralSentiment: negativeIntent: inform

Staggering U.S. Tariffs Begin as Trump Widens Trade War - The New York Times

The United States has implemented new tariffs on over 90 countries under President Trump's trade policy, escalating a global trade war. The tariffs, ranging from 15% to 50%, aim to reset trade relationships and raise revenue but have instead caused rising prices, slowed economic growth, and strained the labor market. Economists warn of stagflation and predict a drop in output, with American households potentially losing $2,400 annually due to price increases.
Entities: Donald Trump, United States, European Union, China, CanadaTone: neutralSentiment: negativeIntent: inform

Trump Threatens 100% Tariff on Chips, With a Big Caveat - The New York Times

President Trump has threatened to impose a 100% tariff on foreign semiconductors unless companies commit to investing and building in the United States. The tariff could be announced as early as next week and would apply to all countries and companies. However, companies that make investment commitments, like Apple, which recently announced a $100 billion investment in U.S. manufacturers, would be exempt. The move is seen as a relief for tech companies that have pledged to invest in the U.S., but has raised concerns among national security experts who fear it may not reduce the country's reliance on high-end chips made in Taiwan.
Entities: Donald Trump, United States, Apple, Taiwan, ChinaTone: neutralSentiment: neutralIntent: inform

Trump’s Tariff Gamble Puts America’s Ties With India at Risk - The New York Times

The article discusses how President Trump's decision to impose 50% tariffs on India for buying Russian oil could damage the US-India relationship, a strategic partnership in Asia. India has called the tariffs 'unfair, unjustified, and unreasonable,' pointing out that other countries, like China, have also bought Russian oil without facing similar penalties. Analysts warn that Trump's pressure tactics could push India to reconsider its strategic alignment, potentially deepening ties with Russia and China. The tariffs could significantly impact India's economy, cutting its exports to the US by half.
Entities: Donald Trump, India, United States, Russia, UkraineTone: neutralSentiment: negativeIntent: inform

U.S. Tariffs to Take Effect in Trump’s Trade War: Live Updates - The New York Timesbarsbarsbarsbarsbarsbarsbarsbars

The United States has imposed new tariffs on over 90 countries as part of President Trump's efforts to reorder global trade. The tariffs, which took effect on August 6, 2025, range from 15% to 50% and are expected to disrupt supply chains and drive up prices for American consumers and businesses. The move is part of Trump's trade war, which has seen the imposition of tariffs on major trading partners, including Canada, Mexico, China, and India. Some countries, such as the European Union, Japan, South Korea, and Vietnam, have negotiated deals to reduce their tariffs to 15-20%. The tariffs are likely to face legal challenges in federal courts, and economists remain skeptical about their effectiveness in achieving Trump's goals.
Entities: United States, President Trump, China, India, CanadaTone: neutralSentiment: negativeIntent: inform

Trump taps top economic aide Stephen Miran for vacant Federal Reserve board seat | South China Morning Post

US President Donald Trump has nominated Dr. Stephen Miran, the current Chairman of the Council of Economic Advisors, to fill a vacant seat on the Federal Reserve Board until January 31, 2026. Miran's appointment comes as the Fed faces pressure from Trump, who has criticized the central bank's chief Jerome Powell for not lowering interest rates sooner. Miran has been a proponent of tariffs and a weaker US dollar to boost American manufacturing.
Entities: Donald Trump, Stephen Miran, Federal Reserve Board, Council of Economic Advisors, Jerome PowellTone: neutralSentiment: negativeIntent: inform

US Economy, Trade & Business: Latest News and Updates | South China Morning Post

The article discusses the latest developments in US economy, trade, and business, with a focus on US-China trade tensions and the impact of tariffs imposed by the Trump administration. The US and China are engaged in trade talks, with the US considering extending a pause on tariffs, while also imposing new levies on India and other countries. The trade war has led to a surge in investment in American rare earth mines and has affected global supply chains. Other topics covered include the US-India relations, US Federal Reserve, and the impact of US tariffs on Brazilian coffee exports to China.
Entities: United States, China, Donald Trump, US Federal Reserve, IndiaTone: neutralSentiment: negativeIntent: inform

Trump’s 100% semiconductor tariffs may hit chipmakers in Singapore, other SEA nations | The Straits Times

US President Donald Trump has proposed a 100% tariff on semiconductors imported into the US, potentially impacting chipmakers in Singapore and other Southeast Asian countries. The tariff may exempt advanced AI chips from East Asia due to the US-China AI race, but legacy chips from countries like Singapore, Malaysia, and the Philippines may face tariffs, affecting various industries.
Entities: Donald Trump, United States, Singapore, South-east Asia, MalaysiaTone: neutralSentiment: negativeIntent: inform