Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.

U.S. President Donald Trump has launched a global trade war with an array of tariffs that target individual products and countries. Trump has set a baseline tariff of 10% on all imports to the United States,

The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.

As President Trump ramps up the pressure on dozens of countries, trade experts fear U.S. tariff policy leaves consumers and businesses in limbo.

President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were coming, while offering fresh details on planned duties on pharmaceuticals.

The move comes as the Commerce Department officially withdrew from a longtime trade agreement governing imported tomatoes on Monday, July 14.The tariff is slightly lower than the 21% duty floated by Trump officials in April,

Since taking office, the Trump administration has imposed tariffs on the import of goods from various countries. The governor’s office claims that the tariffs have increased the prices of household goods, automobiles and housing, as companies are often forced to pass the costs on to consumers in order to remain profitable.

Trump has repeatedly shifted his stance on tariffs since his “Liberation Day” announcement—earning him the nickname “TACO Trump.”