ReferIndia News Trump's New 'World Tariff': U.S. Trade Landscape Set for a Shakeup

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Trump's New 'World Tariff': U.S. Trade Landscape Set for a Shakeup

Published on: July 28, 2025, 10:19 p.m. | Source: Devdiscourse

President Trump plans to impose a 'world tariff' of 15% to 20% on exports from most U.S. trading partners not engaged in separate trade deals. The announcement follows recent agreements with the EU and Japan, as countries scramble to negotiate more favorable terms before the higher tariffs take effect.

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