Inside Trade

October 29, 2025

Lawmakers, businesses, civil society react to new tariff regime

By Margaret Spiegelman  / August 1, 2025 at 8:06 PM
President Trump’s latest tariff announcement, a sweeping plan that scraps a foundational principle of the global trading system and boosts duties at varying levels on dozens of U.S. partners, drew strong rebukes on Friday from Democratic lawmakers and representatives for major business and civil society groups – and mixed reactions from Republicans. Trump on Thursday evening unveiled final “reciprocal” tariff rates on U.S. trading partners as high as 50 percent (for Brazil, when combined with a separate measure announced earlier...

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