{"id":305503,"date":"2025-07-31T02:46:10","date_gmt":"2025-07-31T02:46:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/305503\/"},"modified":"2025-07-31T02:46:10","modified_gmt":"2025-07-31T02:46:10","slug":"how-trumps-tariffs-are-already-impacting-americans-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/305503\/","title":{"rendered":"How Trump&#8217;s tariffs are already impacting Americans"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">Donald Trump has delivered a profound shock to the global trading system since returning to the White House.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The US president announced on 2 April, so-called Liberation Day, a slew of swingeing so-called &#8220;reciprocal&#8221; tariffs, or import taxes, hitting dozens of countries around the world.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Many of these have been paused. And since then, Trump has also announced agreements with several partners &#8211; including the UK, Vietnam, Japan, and the European Union &#8211; which reduce some tariff levels.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But particular commodities and goods such as automobiles and steel have also been targeted with significant industry-specific tariffs by Washington &#8211; and the overall average US tariff rate is at its highest in almost a century.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The tariffs themselves are ultimately paid by the US companies that bring goods into the country from abroad.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The impact of all this is being felt in the US and global economy in different ways.<\/p>\n","protected":false},"excerpt":{"rendered":"Donald Trump has delivered a profound shock to the global trading system since returning to the White House.&hellip;\n","protected":false},"author":2,"featured_media":305504,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5311],"tags":[49,978,659],"class_list":{"0":"post-305503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-united-states","9":"tag-us","10":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114945561992923351","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/305503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=305503"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/305503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/305504"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=305503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=305503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=305503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}