☑️Trump orders new tariffs on multiple U.S. trade partners to take effect in 7 days:

🗞️ Key Developments (August 1, 2025)

On July 31, 2025, President Donald Trump signed a major executive order implementing new tariffs on imports from 68–69 countries including the European Union, scheduled to take effect August 7, 2025.

📅 Timeline Summary

Event Date / Effect

Trump signs new tariff July 31, 2025

order late evening

Effective date August 7, 2025

Mexico 90-day

negotiation period August 7,2025

begins Effective

Legal constraints

court injunction on May 28, 2025

similar tariffs

🔔 What’s Next?

The legal landscape may influence whether these tariffs are fully implemented or challenged in U.S. courts. Prior injunction precedent applies.

Negotiations continue—countries like Taiwan, India, Brazil, and EU members are seeking further rate reductions.

U.S. consumer prices may rise as import costs are passed down; businesses and senators (e.g. Susan Collins) have already voiced strong opposition

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