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

Why it matters locally: While the specific details of the tariffs and affected industries are not yet public, new tariffs on such a broad range of international partners could impact Indiana's manufacturing and agricultural sectors, which rely on international trade for exports and imports.

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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.