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reciprocal tariffs

​U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after an announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, Britain, July 27, 2025.
Analysis

US and EU strike trade deal

It’s down the wire for countries trying to reach a trade deal with the US before Aug. 1, when President Donald Trump has threatened steep “reciprocal” tariffs.

​US President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019.
What We're Watching

China vows retaliation as US tariffs take effect

With the Trump administration’s reciprocal tariffs taking effect on Wednesday, the US’s largest trading partner, China, has signaled that it is not backing down from a trade war.

​U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025.
US & Canada

Trump slaps tariffs on the world

During a speech in the White House Rose Garden on Wednesday, Donald Trump announced a 10% across-the-board tariff on US imports, with higher rates for countries that have a larger trade surplus with the United States – to the tune of 20% for the EU, 54% for China, and 46% for Vietnam, to name a few of the hardest-hit. Trump also confirmed that he’s imposing 25% levies on foreign-made cars and parts.

​U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., February 13, 2025.
Hard Numbers

Hard Numbers: India halves US tariffs, Columbia student sues Trump administration, FIFA president acquitted again, World’s longest-serving death row inmate acquitted

23 billion: India said on Tuesday that it’s open to cutting more than half of its tariffs against US imports – equivalent to $23 billion – in the first phase of a trade deal the two nations are negotiating.

President Donald Trump holds an executive order about tariffs increase, flanked by Commerce Secretary Howard Lutnick.
GZERO North

The tariff waltz continues as everyone is set to lose

US tariffs and the resulting counter-tariffs threaten to disrupt supply chains, drive profits down for manufacturers, lead to job losses, and raise prices for consumers on both sides of the border.