Trump Injects New Dose of Uncertainty in Tariffs

Saturday, August 02, 2025

For weeks, President Donald Trump was promising the world economy would change on Friday with his new tariffs in place. It was an ironclad deadline, administration officials assured the public.

Posted by LampLighter at 04:32 PM | 7 COMMENTS | permalink | Comment on This Entry |

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-- Physicians for a Healthy Democracy (@physiciandemocracy.medsky.social) Jul 31, 2025 at 7:54 PM

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... But when Trump signed the order Thursday night imposing new tariffs on 68 countries and the European Union, the start date of the punishing import taxes was pushed back seven days so that the tariff schedule could be updated.

The change -- while potentially welcome news to countries that had not yet reached a deal with the U.S. -- injected a new dose of uncertainty for consumers and businesses still wondering what's going to happen and when. ...

#1 | Posted by LampLighter at 2025-08-01 12:02 AM | Reply

So, Pres Trump TACO'd yet again?

#2 | Posted by LampLighter at 2025-08-01 12:03 AM | Reply

(... and, as a major aside, I do want to note that this most august website seems to be quite correct in it's time. When I posted the summary for this comment, it was just a couple three seconds past midnight on my laptop, which uses NTP for its time.

Kudos to this site for also having that similar respect for the proper time.)

#3 | Posted by LampLighter at 2025-08-01 12:09 AM | Reply

White House Reveals New Tariff Plan: Wat We Know
www.newsweek.com
... President Donald Trump signed an executive order on Thursday imposing tariffs from 10 percent to 41 percent on U.S. imports from dozens of countries and foreign economies.

The tariffs, which will take effect in seven days, include 25 percent on Indian goods entering the U.S., 20 percent on Taiwan's goods and 30 percent for South Africa's.

Two of Asia's poorest countries, Myanmar and Laos, face 40 percent tariffs on their exports to the U.S., while Syria faces the highest rate of 41 percent.

Canada faces tariffs of 35 percent on its exports to the U.S. ...

#4 | Posted by LampLighter at 2025-08-01 12:29 AM | Reply

@#4

And, fwiw ...

Newsweek -- Bias and Credibility
mediabiasfactcheck.com

... Overall, we rate Newsweek Right-Center Biased based on editorial positions that slightly favor the right.

We also rate them as Mostly Factual in reported rather than high due to having to make corrections on false information after publication. ...

#5 | Posted by LampLighter at 2025-08-01 12:35 AM | Reply

It's like the old man can't make a decision.

#6 | Posted by LegallyYourDead at 2025-08-02 11:37 AM | Reply

Tariffs are great! - Trump
Tariffs might not be such a good idea. Let's hold off. - Also Trump

#7 | Posted by johnny_hotsauce at 2025-08-03 03:01 AM | Reply