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Trump signs order imposing new tariffs on a number of trading partners that go into effect in 7 days

WASHINGTON: President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of US trading partners to go into effect on Aug. 7 — the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over decades. The order was issued shortly after 7 p.m. on Thursday. It came after a flurry of tariff-related activity in the last several days, as the White House announced agreements with various nations and blocs ahead of the president’s self-imposed Friday deadline.

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