Trump’s new tariffs give some countries a break, while shares and US dollar sink

Trump’s new tariffs give some countries a break, while shares and US dollar sink

U.S. President Donald Trump's new tariff rates of up to 41% on U.S. imports from dozens of countries have drawn expressions of relief from some countries that negotiated a deal or managed to whittle them down from rates announced in April

Cranes and shipping containers are seen at a port in Pyeongtaek, South Korea, Friday, Aug. 1, 2025. (AP Photo/Ahn Young-joon)