On August 7, President Donald Trump's new global tariffs come into force, affecting a wide range of countries with rates from 10% to 41%. These measures aim to reshape U.S. trade relations and industrial production,

Dozens of countries will face higher tariffs on their exports to the U.S. following Trump's signing of an executive order.

New U.S. import tariffs are set to take effect August 7 following an executive order from President Donald Trump, who signed the measure on his self-imposed deadline.Under the order, a universal base rate of 10% will apply to imports from countries with which the U.