US President Donald Trump's sweeping global tariffs go into effect

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US President Donald Trump's sweeping global tariffs go into effect   The move comes after Washington paused its "reciprocal tariffs" for almost four months to allow countries to negotiate trade deals with the US.   READ MORE : http://www.euronews.com/2025/08/07/us-president-donald-trumps-sweeping-global-tariffs-go-into-effect  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00The U.S. began officially levying higher taxes on imports from dozens of countries on Thursday,

00:06four months after President Donald Trump first announced plans to impose tariffs on most of the world.

00:13The White House said that starting just after midnight,

00:17goods from more than 60 countries would face tariff rates of 10% or higher.

00:23Products from the European Union, Japan and South Korea will be taxed at 15%,

00:28while imports from Taiwan, Vietnam and Bangladesh will be taxed at 20%.

00:34While seeking new trade agreements across the board,

00:38the Trump administration says it expects places such as the EU, Japan and South Korea

00:44to invest hundreds of billions of dollars in the U.S.

00:48Trump's trade policies are aimed at reshaping the structure of global trade,

00:53which he believes is unfair towards the U.S.

00:56Despite the controversy, the U.S. has remained confident that the onset of its broad tariffs

01:02will provide clarity about the path of the world's largest economy.

01:08In late July, the EU and U.S. tentatively agreed on a 15% tariff for the vast majority of EU products.

01:16The deal is however preliminary and its details are yet to be fleshed out.

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