Eight months into Trump’s second term, it’s unclear what the larger impact of these tariffs will have on the economy. Despite that, the president keeps promising to roll out new ones.
Tariffs
Posted inNPR
Trump to place import taxes on drugs, home furnishings and heavy trucks
President Trump said he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.
Posted inNPR
Americans are crazy for shrimp. Much of it came from India — until now
India’s shrimp exports to the U.S. were once a success story. Now the industry faces ruin amid President Trump’s 50% tariff on imports from the country.
Posted inNPR
Trump tells NATO members they must move first on Russia sanctions over Ukraine
Trump tells NATO members they need to cut off Russia energy purchases before he will take bigger steps to isolate Russia over its war in Ukraine.
Posted inNPR
The U.S. is a major importer of Indian products made from Russian oil
The United States imports oil products from India’s Reliance Industries refinery, which sources nearly half its oil from Russia.
Posted inNPR
Postal traffic to US drops more than 80% after trade exemption rule ends, UN agency says
The de minimis rule that allowed small packages worth less than $800 to be exempt from tariffs ended on Friday, Aug. 29, 2025.
Posted inNPR
Trump asks Supreme Court to reverse tariffs ruling finding them illegal
The government called on the court to reverse an appeals court ruling that found most of President Donald Trump’s tariffs are an illegal use of an emergency powers law.
Posted inNPR
South Korean President Lee to meet with Trump in Washington on Monday
At a summit meeting in Washington, D.C. on Monday, the U.S. and South Korean presidents will discuss modernizing their 71-year-old alliance and fleshing out a trade deal reached last month.
Posted inNPR
Boxed in by shifting tariff rules, European shippers pause some U.S.-bound parcels
New customs regulations take effect August 29, and many European postal agencies and companies say until new systems are set up they can’t ship some goods. Gifts worth less than $100 are not affected.
Posted inNPR
Intel will give the U.S. government a 10% stake, Trump says
The president’s highly unusual announcement underscores the Trump administration’s desire to take control over U.S. businesses.
