TechFlow, August 1 — According to Jinshi Data, on Thursday evening local time, U.S. President Trump signed an executive order imposing tariffs ranging from 15% to 41% on goods imported into the United States from 67 trading partners, raising tariff levels to their highest in over a century. However, the new tariffs will not take effect until August 7, rather than the previously expected August 1, giving countries another window to seek negotiated reductions. A senior government official said, "This is historic. This is a new trade system—this is what I call the Trump Round." White House officials said Thursday night they hope to reach additional agreements with countries before the new tariff implementation date of August 7.
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