The next wave of Trump tariffs are expected to go into effect on Friday
Summary
New tariffs announced by President Trump are set to start on Friday, July 28, 2025. Ernie Tedeschi from Yale discusses these tariffs and trade agreements on NPR.Key Facts
- Tariffs are taxes on goods coming into a country.
- President Trump announced new tariffs that will begin on July 28, 2025.
- NPR talked with Ernie Tedeschi, an economics expert from Yale, about the tariffs.
- The tariffs are part of trade discussions and deals.
- "Trade agreements" are arrangements between countries about how they buy and sell goods to each other.
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