Trump's new higher tariffs for Japan, others to take effect on Aug. 7

U.S. President Donald Trump on Thursday signed an executive order that hits nearly all trading partners with higher tariffs ranging from 10 percent to 41 percent, effective on Aug. 7, including the authorization of a 15 percent rate on goods imported from Japan.Trump's order, which threatens to disrupt the global trade system, came just hours before the planned expiration of his monthslong pause on sweeping tariffs targeting dozens of countries with which the United States runs trade deficits.He was due to impose a broad set of country-specific higher tariffs on Friday as part of his campai…READ FULL ARTICLE