U.S. Imposes New Tariffs on 59 Nations, European Union

Why it matters locally: As a state with significant port activity and a business-friendly environment that attracts international companies, new tariffs on a broad range of international trading partners could influence import/export costs and the operational strategies of businesses with a presence in Delaware.

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WASHINGTON – The United States has enacted new tariffs on 59 countries and the European Union. President Trump's administration introduced these measures to replace existing tariffs that had reached their expiration. This action marks a continuation of the administration's trade policy. The new tariffs affect a broad range of international trading partners.