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Trump Unveils New Tariffs Ahead of Trade Deal Deadline

OilPrice.com Friday, 1 August 2025 ()
In an executive order signed Thursday evening, President Trump formalized a tariff framework that marks the most protectionist U.S. trade posture in decades. The new tariffs target dozens of key U.S. trading partners and cemented the fresh deals made with others. Labeling America’s $1 trillion goods trade deficit an “extraordinary threat” to national security and economic prosperity, the executive order increases duties on a range of imports — from semiconductor components to consumer goods — while offering strategic…
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Video Credit: Oneindia - Published
News video: BREAKING: Trump UNVEILS $350B South Korea Deal, FORCES 15% Tariff  | Trump Claims Victory

BREAKING: Trump UNVEILS $350B South Korea Deal, FORCES 15% Tariff | Trump Claims Victory 03:14

In a bombshell announcement, U.S. President Donald Trump has declared a “Full and Complete Trade Deal” with South Korea — worth a staggering $350 billion in American-controlled investments. Trump, who claims the deals were “selected by myself, as President,” also revealed a $100 billion LNG...

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