The story so far
Donald Trump Tariff Wave
Tracked across 9 sources · Updated 7h ago
The Trump administration announces new Section 301 tariffs on 60 countries over forced labor concerns, replacing expiring global levies. India secures a lower 10% rate amid ongoing trade talks, while other nations face up to 12.5%. Jaishankar and Rubio meet in Manila to push an interim trade deal.
How it unfolded
3d ago
New tariffs take effect; India gets 10% rate
4d ago
US unveils new tariffs on 60 nations
5d ago
Jaishankar, Rubio meet in Manila on trade deal
6d ago
Trump plans fresh tariffs on multiple countries
What happened earlier
Latest updates
Latest
Full story →Trump tariffs persist, impact on economy and wallets
Trump's tariffs are entering a new phase and are likely to stay for a long time, with a legal restructuring to keep them in place after previous legal problems.
The latest tariffs range from 10% to 12.5% on imports from more than 80 countries, covering 99.4% of all US imports under Section 301.
Tariffs have increased new vehicle prices by $1,600 to $9,000 this year, according to Kelley Blue Book.
Federal Reserve economists estimate tariffs increased core goods prices by about 3.1% through February.
Further tariff actions are planned in coming months, keeping pressure on prices and supply chains for imported goods.
Earlier · 5d ago
Full story →Trump plans new tariffs on India and other nations
Donald Trump plans new tariffs of roughly 10–12.5% on up to 60 countries, including India, citing forced-labour and unfair trade practices.
The tariffs roll out as a temporary 10% tariff expires on Friday, with potential steeper duties under investigation for excess industrial capacity.
India's bilateral trade deal with the US remains deadlocked over market access, agriculture, digital trade, and tariff concessions.
India's Commerce Minister Piyush Goyal refuted reports of a stalled deal but no agreement is in sight, complicating negotiations.
The tariff escalation risks financial market instability, inflation, and harm to US consumers ahead of November midterm elections.
Earlier · 5d ago
Full story →Globe at a glance: From fresh US attacks in Iran to new Trump tariffs
US begins 11th straight night of attacks on Iran, targeting military sites to degrade threats to shipping in the Strait of Hormuz.
US to impose new tariffs that could hit dozens of countries, with trade envoy Jamieson Greer signaling their readiness.
Fresh tariffs target 60 trading partners over alleged failures to act against forced labour.
President Donald Trump's temporary global levies are due to expire this week.
Zelenskyy dismissed Oleksandr Syrsky, commander-in-chief of Ukraine's army.
Earlier · 5d ago
Full story →Jaishankar meets US's Rubio in Manila, discusses India-US partnership
Earlier · 3d ago
Full story →US set to unveil fresh tariffs as Trump's 10% global levy faces Friday expiry
US planning fresh tariffs on multiple countries as Trump's temporary 10% global levy expires Friday.
Supreme Court ruled against Trump's earlier emergency tariff strategy.
Fresh tariffs expected to target dozens of nations.
Trump's tariff policies face legal and procedural challenges.
