Trump Tariff News: US President Donald Trump has imposed sweeping new tariffs on 69 countries, citing trade imbalances and national security concerns. Set to take effect on 7 August, the tariffs range from 10% to 50%, with some nations granted last-minute reprieves following hurried negotiations. India, Canada, and Brazil face some of the highest rates, while countries like South Korea and the EU managed reduced deals. The move has raised legal questions, triggered diplomatic tension, and could lead to rising costs for US consumers.