Archive · 29 Jul 2025
Trump Announces New Global Tariff Plans, Raising Rates
President Trump is planning new taxes, called tariffs, on products from countries that don't have trade agreements with the US.
These tariffs will likely be between 15% and 20%.
This is to change how the US trades with other nations, a range higher than the 10% tariff announced previously.
While this is happening, the US recently agreed on trade deals with Japan, Indonesia, and the Philippines.
Trump plans to impose a global tariff rate between 15% and 20%.
The tariff will apply to countries without US trade agreements.
This is an increase from the previously announced 10% baseline tariff.
The US recently finalized trade deals with Japan, Indonesia and the Philippines.
The announcement comes amid ongoing trade talks with other countries.
- Who
- Donald Trump.
- What
- Trump announced plans for global tariffs.
- When
- Recently.
- Where
- Scotland
- Why
- To simplify trade policy.
US Stance
International View
Tariffs
US Stance
Impose tariffs on nations.
International View
Nations may be impacted by tariffs
- Proposed Tariff Range
- 15% to 20%
- Target
- Countries without US trade agreements
- Negotiations
- Ongoing with China and India
- Recent Deals
- Japan, Indonesia, Philippines