Trump Announces Random New Tariffs for Dozens of Countries, Causing Economic Chaos and Hardship.

Aug 1, 2025 | Donald Trump signed an executive order modifying the tariff rates he first announced in April ahead of a Friday deadline for the new rates on imported goods to go into effect. The order states that goods imported from every nation on Earth will be subject to a 10% tariff except for goods from the 92 countries listed in an annex that are subject to higher tariff rates. The highest tariff is on goods from Syria, which will be taxed at 41%.

Watching Trump run the US economy is like watching a child playing with a toy till. – © Mark Alexander