<h1>US imposes 10-50% tariffs on imports from 68 countries amid trade deal delays to boost domestic manufacturing</h1> The United States has imposed new tariffs ranging from 10 to 50 percent on imports from 68 countries and the European Union due to the absence of finalized trade agreements. While some major partners like the EU, UK, Japan, and South Korea have reached partial deals, many others, including Taiwan, India, and several smaller nations, face increased duties. The tariffs aim to encourage domestic manufacturing and reduce foreign trade barriers but have led to higher costs for U.S. companies and inflation in imported goods. Deadlines for tariff implementation were postponed multiple times, with the latest delay extending the start date to August 7. The administration has granted extensions for complex negotiations with countries like Mexico. Smaller nations have struggled to negotiate, suffering significant economic impacts. The measures reflect a broader strategy to address trade deficits and geopolitical concerns, though the economic consequences remain uncertain.