Trump imposing tariffs on 80+ countries: 6 things to know

President Trump has initiated a significant new wave of global tariffs, affecting imports from over 80 countries starting at 12:01 a.m. on July 24. These duties range from about 10% to 12.5%, targeting a variety of goods and sparking international concern about escalating trade tensions. This move is part of a broader strategy to address trade imbalances, but it also risks triggering retaliatory measures that could disrupt global supply chains. The implications extend beyond immediate economic impacts, potentially reshaping international trade relations and affecting healthcare supply chains in the U.S. and abroad.