US President Donald Trump’s administration has continued its trade war with new tariffs, despite initial claims of 90 deals in 90 days. Instead, a wave of new tariffs was imposed on August 1st, leaving many countries reeling. We spoke to reporters around the world about how these tariffs are affecting their economies and what it means for global trade.
Reports from key nations indicate that US tariffs have triggered retaliatory measures, exacerbating economic uncertainty. European Union officials have vowed to respond with targeted sanctions, while China has increased imports of US goods to counter the new tariffs. The impact on global markets is already being felt, with stock markets experiencing volatility and investors growing increasingly concerned about the future of international trade.
As tensions escalate, countries are reassessing their relationships with the US and searching for alternative trade partners. Global economic leaders are urging restraint and calling for a return to constructive dialogue. However, it remains unclear whether Trump’s administration will ease off its hardline stance on tariffs, which has become a defining feature of his presidency.
Source: https://www.npr.org/2025/08/04/nx-s1-5492483/the-global-impact-of-the-latest-u-s-tariffs