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flag President Trump imposes tariffs ranging from 10% to 50% on over 60 countries, impacting global trade.

flag On August 7, 2025, President Trump imposed new tariffs on over 60 countries after they failed to reach trade deals by a set deadline. flag Tariffs range from 10% to 50%, affecting major economies like the EU and South Korea, and countries with trade surpluses. flag Mexico and China received extensions but could face higher tariffs if no deal is reached. flag The tariffs are expected to boost U.S. manufacturing but may strain global trade relations.

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