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Trump's Tariffs Surge Over 100% as Trade Tensions Rise

6/2/2025

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Summary

Story summary

President Donald Trump is set to keep global tariffs in place, with rates soaring from 11% to over 100% on imports, as revealed by Commerce Secretary Howard Lutnick. As the 90-day tariff pause approaches its end in July, 60 trading partners brace for the impact, while Trump seeks to bolster trade agreements, especially with China, amid escalating tensions.

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Story summary

President Donald Trump is set to keep global tariffs in place, with rates soaring from 11% to over 100% on imports, as revealed by Commerce Secretary Howard Lutnick. As the 90-day tariff pause approaches its end in July, 60 trading partners brace for the impact, while Trump seeks to bolster trade agreements, especially with China, amid escalating tensions.