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Clock Ticks On US Tariff Hikes As Trump Broadens Blitz

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International Business Times Fews App News Provider
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Days before higher levies took effect on dozens of economies, US President Donald Trump signed orders to impose some earlier threatened tariffs and unveiled a fresh deal AFP Time is running short for governments to strike deals with Washington to avert tariff hikes that Donald Trump has vowed against dozens of economies -- and the US president continues to expand his trade wars. As the clock ticked down on a Friday deadline for higher levies to take effect on goods from various trading partners, Trump announced a trade deal with South Korea and separate duties on Brazilian and Indian imports. He also signed an order Wednesday to impose previously-threatened 50 percent tariffs on certain copper products and end a tariff exemption for low-value shipments from abroad.

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