Trump's New Tariffs Give Some Countries A Break, While Shares and U.S. Dollar Sink

3 weeks ago U.S. President Donald Trump's new tariff rates of up to 41% on U.S. imports from dozens of countries have drawn expressions of relief from some countries that negotiated a deal or managed to whittle them down from rates announced in April. Others have expressed frustration over running out of time for talks. The new rates are due to take effect on Aug. 7. Trump announced them after hitting his Aug. 1 deadline for striking deals with America's trading partners.