Trump's new tariffs.
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US President Donald Trump signed an executive order Thursday evening imposing tariffs ranging from 10% to 41% on a group of countries, and raised tariffs on Canadian goods from 25% to 35%.
According to CNN, Trump's new tariffs went into effect on the first day of August, and according to a statement from the White House, tariffs imposed by Trump on Israel, Turkey, Venezuela, and Cameroon will be 15%, while they will be 30% on South Africa, 39% on Switzerland, 19% on Pakistan, and 20% on Bangladesh.