Trump Imposes New Tariffs on 69 Countries

President Donald Trump has signed sweeping new tariffs on imports from 69 countries, with rates ranging from 10% to 41% and taking effect August 7, 2025. Countries with U.S. trade deficits now face a baseline 15% tariff, while surplus countries remain at 10%, and specific nations like Syria, Laos, and Myanmar are subject to higher rates. Canada and Brazil are among the hardest hit, with a 35% tariff on many Canadian goods, partly due to trade and drug trafficking disputes, though some USMCA exemptions apply. The European Union, Japan, and others have negotiated temporary reprieves or lower rates, but global markets remain unsettled. The Trump administration argues these measures are needed to address trade imbalances and protect national security, but critics warn of higher consumer prices. Separately, Trump faces calls not to grant clemency to Ghislaine Maxwell, convicted for her role in Jeffrey Epstein's crimes.