Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap tariffs as high as 50% on dozens of countries, including 25% tariffs on top U.S. trade partners such as Japan and South Korea.

As the tariff pause ends, the Trump administration should pivot to a more targeted and strategic policy that minimizes domestic harm.

Brazil’s inflation edged up in early July as US President Donald Trump threatened to slap the South American nation with punishing tariffs, further complicating the consumer price outlook for the central bank.

Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.

Republican strategist Melik Adbul said on CNN Wednesday that President Donald Trump’s tariff policy appears to be effective so far. Despite many economists forecasting that Trump’s sweeping tariffs would see higher inflation and other negative effects,

His comments come after Trump's top envoy, Steve Witkoff, said yesterday that he was pulling the U.S. team of negotiators out of Doha, Qatar, after Hamas' latest response in the talks, saying it "clearly shows a lack of desire to reach a ceasefire in Gaza."

President Donald Trump is hailing a favorable decision by a federal appeals court over his sweeping tariff policy as a “great” win for the United States.

President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are convinced he’ll once again back down. But at the White House, officials insist they’re serious this time.