Politics7/31/2025โ€ขBloomberg

Trump to Set New Tariffs Before Midnight, White House Says

The White House has announced that President Donald Trump will sign an executive order on Thursday, imposing new tariff rates on trading partners, effective Friday. The details of the tariff rates and the specific trading partners affected have not been disclosed. This move is part of the ongoing trade negotiations and policies of the Trump administration, which have frequently utilized tariffs as a tool to address perceived economic imbalances. The announcement comes amid ongoing discussions and negotiations with various trade partners, highlighting the administration's continued focus on reshaping international trade relationships. However, the potential economic impact and the broader implications of these new tariffs remain to be seen and will likely be a subject of further analysis and debate.

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