August 07, 2025
President Donald Trump’s sweeping new global tariffs took effect on Thursday, slapping 90 countries with rates as high as 50%. The move marks a dramatic escalation in US protectionism, pushing America’s trade barriers up to levels not seen since the Great Depression.
And it's not over yet. Deadlines still loom for two of Washington’s biggest trading partners, Mexico and China, as well as on India, which Trump is punishing for its purchases of Russian oil (see more on that here). He also announced, without specifics, an upcoming tariff of 100% on semiconductors made by companies that are not “building” in the US.
Here’s a look at where tariff negotiations stand globally, and where the rates are on the US’s top trade partners
More For You
- YouTube
Why is a man wearing a trash can on his head polling nearly as high as Reform UK leader Nigel Farage? Rory Stewart explains.
Most Popular
Think you know what's going on around the world? Here's your chance to prove it.
Supporters of the youth-led satirical political movement Cockroach Janta Party (CJP) celebrate the resignation of Union Education Minister Dharmendra Pradhan, in Mumbai, India, 26 July 2026
Deep Nair/ZUMA Press Wire
For weeks, tens of thousands of people in India – most of them young people – protested outside the Jantar Mantar, a historic observatory in New Delhi, to demand the resignation of the country’s education minister, Dharmendra Pradhan. Five days later, they got what they asked for.
US and Iran expand the war, Uruguay may say bienvenidos to Cubans, the final straw for Merz might be…a baby?
Jul 30, 2026
A U.S. military aircraft takes off from an unknown location during what U.S. Central Command (CENTCOM) says are strikes on Iran, in this screengrab from a handout video released on July 29, 2026.
U.S. Central Command/Handout via REUTERS
Egypt said two ships were hit with a drone in the port of Damietta on Wednesday, just 40 miles from the exit of the Suez Canal, the first attack in the country since the war began.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.