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Factbox-What are the new tariff rates Trump set on US imports from dozens of countries?
(Reuters) -U.S. President Donald Trump announced on Thursday new tariffs of up to 41% on goods imported from dozens of countries, again citing emergency powers he says he is using to shrink the country's trade deficits with many of its trade partners. Here are the new adjusted reciprocal tariff rates levied on U.S. importers that Trump announced ahead of his August 1 deadline for negotiated trade agreements, listed in alphabetical order by country of origin. Imports from some countries, like Brazil, are facing additional tariffs that stack on top of the reciprocal tariffs listed below. Afghanistan 15% Algeria 30% Angola 15% Bangladesh 20% Bolivia 15% Bosnia and Herzegovina 30% Botswana 15% Brazil 10% Brunei 25% Cambodia 19% Cameroon 15% Chad 15% Costa Rica 15% Côte d`Ivoire 15% Democratic Republic of the 15% Congo Ecuador 15% European Union 0%–15% Equatorial Guinea 15% Falkland Islands 10% Fiji 15% Ghana 15% Guyana 15% Iceland 15% India 25% Indonesia 19% Iraq 35% Israel 15% Japan 15% Jordan 15% Kazakhstan 25% Laos 40% Lesotho 15% Libya 30% Liechtenstein 15% Madagascar 15% Malawi 15% Malaysia 19% Mauritius 15% Moldova 25% Mozambique 15% Myanmar (Burma) 40% Namibia 15% Nauru 15% New Zealand 15% Nicaragua 18% Nigeria 15% North Macedonia 15% Norway 15% Pakistan 19% Papua New Guinea 15% Philippines 19% Serbia 35% South Africa 30% South Korea 15% Sri Lanka 20% Switzerland 39% Syria 41% Taiwan 20% Thailand 19% Trinidad and Tobago 15% Tunisia 25% Turkey 15% Uganda 15% United Kingdom 10% Vanuatu 15% Venezuela 15% Vietnam 20% Zambia 15% Zimbabwe 15% (Compiled by Jonathan Allen; Editing by Jamie Freed)
Yahoo
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Jon Stewart Remembers Creepy Meeting With Roger Ailes in the ‘Bowels of Fox News': ‘Yelled at Each Other for About an Hour'
"He wanted me to show appreciation because without him I have no career,' the 'Daily Show' host tells Mehdi Hasan Jon Stewart had an interaction with former Fox News president Roger Ailes that still chills him to the bone. While speaking with Medhi Hasan on 'The Weekly Show' podcast Thursday, the Comedy Central star explained that his presence was once requested for 'one of those bananas-type meetings in the bowels of Fox News' with Ailes after he had guested on 'The O'Reilly Factor.' More from TheWrap Jon Stewart Remembers Creepy Meeting With Roger Ailes in the 'Bowels of Fox News': 'Yelled at Each Other for About an Hour' | Video Megyn Kelly Slams Sen. Elissa Slotkin's Stephen Colbert Interview, Says She Wanted to 'Punch Her in the Face' | Video Fox News Had Only 3 Minutes of Epstein Coverage in the Last 4 Days – and 85 Minutes of Sydney Sweeney's Jeans Ad Shirley Halperin Exits Hollywood Reporter for Rolling Stone, Maer Roshan Becomes Sole EIC of THR To hear Stewart tell it, 'The Daily Show' host had gone after Ailes and his Fox News for the entirety of his run on the show and the late network president wanted thanks. 'I used to go on Bill O'Reilly's show. Every now and again they would bring in the, you know, 'clownish liberal' – myself – and I would go on there,' he began. 'And one day, one of the people came down and said Mr. Ailes would like to see you. And I thought, 'Why? Geez, I didn't even know he lived in the building.'' Stewart continued: 'We had to walk through the kind of 'Get Smart' — doors would open and shut. You didn't really know where you were until you got into this one part of the building that was colder than the other parts of the building. You almost felt the hair on the back of your neck and the chill, and you could see everybody's breath in this one part. And he and I yelled at each other in the office for about an hour. He wanted me to show appreciation to him, because without him I have no career. And I wanted him to stop poisoning the atmosphere around the country.' 'And harassing his blonde hosts,' podcast guest Mehdi Hasan chimed in. Ailes also mentioned the meeting between the two in an interview with The Hollywood Reporter back in 2015 as Stewart's time on 'The Daily Show' was coming to an end. The then-president had a much cheerier perspective on the meeting. 'You can't say that many negative things about people unless you're really unhappy about something,' Ailes said. 'I actually think he doesn't dislike me. We met once or twice. I talked to him for an hour once in my office. I think he's really smart, and he's got a great future.' Stewart and Hasan marveled at Ailes' strategy for dealing with discourse and opposition from the left. It happens to be the same playbook used today by most of the right — most prominently by President Donald Trump and his supporters, they said. 'His methodology was: 'I am going to discredit all of the institutions or any of the voices that may in any way harm my movement. I'm going to make sure that editorial authority is seen as elitism. I am going to exercise authoritarian control over my message machine,'' Stewart explained. 'And that's, I think, the genius of that movement.' Hasan just went viral for debating a number of right-wing enthusiasts on Jubilee's YouTube page earlier this month. He explained the difficulties that came with having those conversations because the people he was debating don't play by the same rules. 'Liberals and Democrats and Leftists have got to understand that you are not on some ridiculous even playing field,' he said. 'I've been hearing this since Donald Trump came down the escalator in 2015 – 'just because they don't play by the rules doesn't mean we shouldn't.' No that's exactly what it means!' Watch the full 'Weekly Show' episode below: The post Jon Stewart Remembers Creepy Meeting With Roger Ailes in the 'Bowels of Fox News': 'Yelled at Each Other for About an Hour' | Video appeared first on TheWrap.
Yahoo
a minute ago
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Trump hikes tariffs on Canada to 35%, announces new rates from 15% to 40% for dozens of countries
The White House took a step forward with President Trump's plan to remake the trade landscape by releasing new details Thursday evening that included a raft of new tariff rates now formally authorized by executive order, which set new levels from 15% to 40% on over 70 countries. The move represents a giant shakeup in the US's trade order, with outlined rates that range from a 35% tariff on Canada (up from 25%) to rates above 30% on nations from Algeria to Switzerland. But there's a last minute catch, as these new rates will not go into effect for seven days, instead of a midnight Friday deadline as originally planned — according to the text of the order. "These modifications shall be effective ... on or after 12:01 a.m. eastern daylight time 7 days after the date of this order," reads the now signed order. India, after initial high hopes for a deal that have bogged down in recent weeks, is set to face a 25% rate but now appears to have another week to negotiate. Taiwan is another top US trading partner and is set to see a 20% rate. The White House documentation released Thursday also confirmed some of the parameters of recent deals including 19%-20% rates on a range of Southeast Asian nations and an unchanged 10% rate on the United Kingdom. Dozens of other nations also saw their tariff rates upped to 15% from 10% — in line with deals sketched out in recent days that included that headline 15% tariff rate on Europe, South Korea, and Japan. But some nations were not included in Tuesday's release — those omitted included many nations with which the US currently has a trade surplus — who therefore are set to see their rates remain at 10%, in a surprise relief for some after comments from Trump in recent days suggested 15% would be his new minimum. Thursday's announcement comes as previously announced 50% levies on copper are also set to go into effect at midnight tonight. The White House also has plans for 50% tariffs on Brazil which are set to be in fully in effect in a few days. Thursday's advancement did come after one significant delay, with a 90-day pause on new tariffs on Mexico, as the president decided to keep rates there at 25% after a 'very successful' meeting. The rapid-fire tariff moves also came as small business importers and the US Justice Department clashed Thursday over whether President Trump even has the authority to take these actions. Trump's team says the 1977 International Economic Emergency Powers Act authorizes the president to 'regulate' international commerce after declaring a national emergency. It's also the latest culmination of Trump's intense second term focus on tariffs. He declared "I am a tariff man" back in 2018 but has gone far further in his second term. The latest calculations from the Yale Budget Lab found that these new duties, before Thursday's tweaks, suggested consumers already face an overall effective tariff rate of 18.4%, which is the highest rate since 1933. That figure is sure to rise in the coming days as the new tariff levels are digested. The duties — as Trump himself notes almost every day — have also already set multiple new tariff revenues records even at the previous levels centered around a 10% floor for tariffs. As Trump put it on Thursday 'Tariffs are making America GREAT & RICH Again' adding that lower levels seen in previous decades were hurting America and 'now the tide has completely turned.' Ben Werschkul is a Washington correspondent for Yahoo Finance. Click here for political news related to business and money policies that will shape tomorrow's stock prices Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
