America’s Midnight Snack: A 10% Tariff Feast Tonight

Just after midnight, the White House decided to host an international tariff party where goods from over 60 countries plus the European Union got slapped with 'tariff rates of 10% or higher.' Because nothing says diplomacy like hitting your global friends with a financial stick at bedtime. As the statement said, it's happening 'starting just after midnight,' proving once again that trade wars don’t do bedtime stories—they do sleepless nights for importers everywhere.

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Source: Feeds | Published: 8/7/2025 | Author: The Associated Press