US NEWS LIVE | 'Within Next 24...': Trump Stuns World With HUGE Announcement; US Goes In Shock

On July 31, 2025, President Trump signed an executive order titled “Further Modifying the Reciprocal Tariff Rates,” adjusting U.S. tariff policy to respond to trade imbalances and ensure foreign trading partners reciprocate in trade relationships. The order includes additional ad valorem duties on goods from certain countries and modifications to the Harmonized Tariff Schedule, effective after a short delay, with exceptions for goods already en route.

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