Published by Michele Maatouk on 24th July 2026
(Sharecast News) - Donald Trump has imposed a fresh round of sweeping tariffs on more than 80 countries to replace a 10% global duty that was due to expire, setting off a wave of criticism and protests from US allies and major trading partners. In its latest attempt to instate aggressive trade policies despite challenges from the America's highest court, the US has imposed a tariff of between a 10% or 12.5% on dozens of countries, including the United Kingdom, Mexico, Canada, Australia, India, China and the 27 countries that make up the European Union. It effectively replaces the blanket 10% tariff that Trump imposed in February, right after the US supreme court declared that many of his earlier tariffs were illegal. - Guardian