US May Again Increase Tariffs on Goods

The US President Donald Trump's spending and tax bill, known as 'The Big Beautiful Bill', is set to be signed by the president on July 4th, the US Independence Day. This was announced by the US Secretary of the Treasury.

He also added that the US may once again raise tariffs on goods from other countries in the absence of progress in trade negotiations, as the previously set tariffs had been postponed until July.