Tariffs

Trump’s Aug. 7 Tariffs Take Effect—Here’s What to Know

Based on the president’s latest comments, more tariffs are to come.
Trump’s Aug. 7 Tariffs Take Effect—Here’s What to Know
President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs at the White House, on April 2, 2025. Brendan Smialowski/AFP via Getty Images
Andrew Moran
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President Donald Trump’s new tariffs on dozens of countries went into effect at midnight on Aug. 7.

The country-specific levies were initially scheduled to begin on Aug. 1, but the administration pushed back the start date by a week to finalize the tariff regime.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."