U.S. to Raise Tariffs on Scores of Nations

“The U.S. will raise tariffs on scores of nations, effective at 12:01 a.m. on Aug. 7, according to an executive order signed by President Trump on Thursday,” the Wall Street Journal reports.

New York Times: “The rates appear to range as high as 50 percent on some imports to the United States, as Mr. Trump looks to punish nations that either could not or would not offer favorable trade concessions to Washington.”