Senator Rand Paul, RK discusses the impact of revenge definitions on Kentucky Bourbon and whiskey, as well as the effects of tariffs on consumers on “Kudlo”.
The mutual mutual fees that have long paved for President Donald Trump on Thursday entered, as many countries slapped with an increase in a large tariff.
Trump initially He announced the levels of customs tariffs on “Liberation Day” or April 2, which ultimately leads to delaying the plan so far to give countries time to negotiate commercial deals. While many countries concluded a deal, goods from more than 60 countries and the European Union will continue to be subjected to tariffs by 10 % or more on Thursday.
Trump threatened the customs tariff as a weapon to secure commercial deals for several months.
In the days preceding the deadline of August, Trump revealed a wave of major commercial agreements with the main American partners, including Japan and the United Kingdom and European Union And South Korea.
Trump’s global recycling for commercial relations will remain in the spotlight this week
President Donald Trump at the White House Oval Office in Washington, DC, on August 6, 2025. (Bonnie Cash/Upi/Bloomberg via Getty Images/Getty Images)
On Monday, Trump said he would “do” greatly. Raising On imported Indian goods, citing the continued purchase of New Delhi and its resale for Russian oil punishable in the open market.
Trump has argued that India’s exercise to buy a reduced Russian raw and resale helps to maintain a wartime economy in Moscow amid Western sanctions. the High duties It refers to the wide rift between New Delhi and Washington.
A dark fleet of “ghost ships” transport Russian oil to Indian ports
President Donald Trump and Indian Prime Minister Narendra Modi meet at the White House in the White House on February 13, 2025 in Washington, DC. (Andrew Harnik / Getty Images / Getty Images)
He said: “India has moved from the highest tariffs ever. They will give us zero rows, and they will allow us to enter. But this is not good enough, because of what they do with oil.”
Trump strikes India with 25 % tariffs for oil purchases in Russia
India, the fourth largest economy in the world, was a trade deficit of about $ 46 billion with the United States in 2024, according to the data In compliance with the American Trade Representative.
Trump also recently raised the tariff for Canada, the second largest trading partner in America behind Mexico, From 25 % to 35 %.
Larry McDonald’s best -selling author in the New York Times is discussing whether President Donald Trump’s strategy is trade and tariffs became more clear to critics in “Al -Sabah with Maria”.
Earlier this year, Trump imposed 25 % Definitions of Canadian steel, Cars and other products not covered by the United States and Mexico-Canada agreement. Canada has averaged and imposed $ 43 billion in its definitions against American goods.
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The leading groups in bilateral trade between the United States and Canada include energy, cars, goods related to the air space sector and $ 30 billion in agricultural products.
Amanda Massias in Fox Business contributed to this report
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