Trump escalates trade fight with fresh wave of tariffs and chip crackdown

AUDIO🔊

🔊 What you need to know today:

– Trump’s higher tariffs come into effect hitting dozens of major US trading partners
– Trump looks to slap 100 percent tariffs on semiconductor chips not produced in the UShttps://t.co/CQWz8mh4gP pic.twitter.com/d9blYe93U9

— Reuters (@Reuters) August 7, 2025

What you need to know today:

– Trump’s higher tariffs come into effect hitting dozens of major US trading partners
– Trump looks to slap 100 percent tariffs on semiconductor chips not produced in the US