Trump's tariffs: What has changed and who is affected
- Posted on August 1, 2025
- By Business News Today
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Trump's tariffs: What has changed and who is affected
President Trump announced new tariffs on US trading partners. Canada faces increased tariffs due to its stance on Palestine. Mexico gets a delay on tariffs. South Korea avoids high duties with a new deal. Brazil faces tariffs as a political move. India will face tariffs and penalties. The EU secured a deal to lower tariffs.