U.S. Tariffs: New Measures and Consumer Impact

TL;DR Summary
President Trump announced new reciprocal tariffs ranging from 10% to 41% on imports from various countries, effective August 7, 2025, with some exceptions and ongoing negotiations affecting certain nations like China, Canada, and Mexico.
- President Trump Announces New Reciprocal Tariffs Set to Take Effect This Week WilmerHale
- FURTHER MODIFYING THE RECIPROCAL TARIFF RATES The White House (.gov)
- After a Lag, Consumers Begin to Feel the Pinch of Tariffs The New York Times
- Donald Trump thinks he’s winning on trade, but America will lose The Economist
- State of U.S. Tariffs: August 1, 2025 The Budget Lab at Yale
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