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Trump Announces Sweeping New Tariffs on Imports from Numerous countries
January 22, 2026 – Former President Donald Trump has implemented a critically important wave of new tariffs on goods imported from dozens of countries, as well as the European Union.The move, announced Thursday evening, signals a renewed commitment to protectionist trade policies under a potential second Trump management. These tariffs, which will take effect August 7th, represent a considerable escalation of trade tensions globally.
Expanding Trade Barriers
The new executive order impacts 68 countries and the 27 member states of the European Union. Any country not specifically mentioned in the order will face a baseline tariff of 10% on all imports to the United States. This broad approach differs from previous tariff actions which frequently enough targeted specific goods or industries.
Variable Tariff Rates by Country
The tariff rates vary considerably by country, reflecting what the administration has stated are existing trade imbalances and unfair practices. Key tariff rates include:
- Brazil:
