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The Global Impact of the Latest U.S. Tariffs

By Derek
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Shipping containers sit stacked at the Evergreen terminal at the port of Los Angeles, Friday, Aug. 1, 2025.

Shipping containers sit stacked at the Evergreen terminal at the port of Los Angeles, Friday, Aug. 1, 2025. Damian Dovarganes/ AP hide caption

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Damian Dovarganes/ AP

The Trump Administration’s worldwide tariff wars continue. A top priority for Trump has been resetting U.S. trade relations and earlier this year his administration had vowed “90 deals in 90 days”. But as the August 1st deadline came and went, what emerged wasn’t a flurry of deals but a wave of new tariffs. We hear from reporters around the world about how countries are reacting to the news and what the impact could be.

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