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Trump Announces New Global Baseline Tariff (29/07/25)
Episode 839

Trump Announces New Global Baseline Tariff (29/07/25)

Morning Majlis · Abdul Karim, Rania Saadi, Louis Denham

July 29, 202510m 29s

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Show Notes

US President Donald Trump has stated he will likely implement a baseline global tariff between 15% and 20% on imports to the United States for nations that have not undergone negotiations on separate trade agreements. This is a significant rise from the global trade tariff that was enforced by President Trump in April, where it stood at 10%.

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Topics

trump tariff trade usa global 2025