The president is set to raise taxes on imports arriving from many countries, including Canada and Mexico. That’s on top of the tariffs that the White House has already announced on specific products,

Balancing economic interests and security concerns, European officials said they got the best deal possible with President Donald Trump, but critics said Brussels ceded to pressure.

That statement came some 12 hours after Trump announced an agreement Sunday with the European Union that would see a 15% tax paid on products brought into the United States from the bloc. The E.U. also agreed to spend $750 billion on energy purchases from the U.S., while investing an additional $600 billion here.

President Donald Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he imposed in April.

Trump’s statement comes a day after he announced a trade deal with the EU, which would see a 15 per cent tariff imposed on most European goods being exported to the U.S.

Top trade officials from China and the United States have launched a new round of talks aimed at easing tensions over tariffs.

Behind closed doors, there is anxiety. A delegation of U.S. negotiators is expected to land in New Delhi by mid-August, a timeline that overshoots Trump’s deadline.

Celltrion aims to acquire a major biopharmaceutical manufacturing facility in the United States for 700 billion won ($503.2 million) by October, as part of its strategy to mitigate potential U.S. tariffs that could reach as high as 200 percent.

US President Donald Trump has hinted at imposing a new tariff of up to 20 per cent on Australia and other nations. The 90-day pause in the 'reciprocal tariffs' will expire on August 1, with many of the USA's trading partners including Australia currently hit with a 10 per cent tariff.

President Trump’s tariff rollout has taken numerous twists and turns since launching earlier this year. The stakes are climbing ahead of Aug. 1, Trump’s self-imposed deadline for reaching trade deals.