Global Trade Impacts Archives

August 15, 2025
International
World

Another tariff hit: Donald Trump signals levies on chips and steel; semiconductor duties may hit 300%

US President Donald Trump is loading another tariff bullet, this time aimed at semiconductor chips and steel.The move, expected to be announced in the coming weaks, could shake the already rattled global trade.“I’ll be setting tariffs next week and the week after on steel and on, I would say, chips,” Trump told reporters aboard Air […]

July 28, 2025
International
World

Trump: World tariff would be somewhere in 15-20% range

TURNBERRY: US President Trump said he expected the US to set tariffs in the range of 15% to 20% for those countries that did not reach a negotiated trade agreement with Washington. “I would say it’ll be somewhere in the 15 to 20% range,” Trump told reporters, sitting alongside British PM Keir Starmer at his […]