WASHINGTON — President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over decades.
The order was issued shortly after 7 p.m. on Thursday. It came after a flurry of tariff-related activity in the last several days, as the White House announced agreements with various nations and blocs ahead of the president’s self-imposed Friday deadline. The tariffs are being implemented at a later date in order for the rates schedule to be harmonized, according to a senior administration official who spoke to reporters on a call on the condition of anonymity.
Send us your news Tell us about your business. CLICK HERE Send us your announcements, press releases, photos and more.
Albuquerque Journal business outlook reporters and editors want your story suggestions. Send your suggestions here to the business desk
Sign up now for free daily email newsletter
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Business Outlook Newsletter – Subscriber-Only
Exclusive Business Outlook Newsletter, delivered every Monday. Designed for paid subscribers, it provides narrative coverage of local trends, industry news, and key economic updates, going beyond the headlines to keep you informed.
Please enter a valid email address. Sign up Manage your lists We want to hear from you For general questions or concerns, email [email protected]
Read more on Albuquerque Journal
