New Wave of Trump Tariffs Set to Take Effect This Week

new wave of trump tariffs set to take effect this week

Aug. 4, 202502:05

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    New Wave of Trump Tariffs Set to Take Effect This Week

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As a new wave of President Donald Trump’s tariffs is set to begin Thursday, rising prices from all the tariffs could cost the average American family $2,400 in 2025 according to a new estimate from the Yale Budget Lab. Meanwhile, Trump is facing new questions after firing the head of Labor Department after a weaker-than-expected July jobs report that he says is “rigged.” NBC’s Kelly O’Donnell reports for TODAY.

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​  IE 11 is not supported. For an optimal experience visit our site on another browser.Aug. 4, 202502:05Volcano in Russia’s Far East Erupts for the First Time in Centuries00:26FDA Issues Class II Warning for Butter Recall Over Allergen Risk00:28Inside the Rise of AI-Generated Feel-Good Posts on Social Media06:01Raging Wildfires Prompt Air Quality Alerts in Midwest and East03:41Boeing Jet Workers Go on Strike After Rejecting Labor Proposal00:29Ghislaine Maxwell Quietly Moved to Low Security Prison in Texas02:12Shark Vs. Stingray Battle Caught on Camera by Beachgoers02:47Pope Leo Tells 1M Catholic Youth ‘A Different World is Possible’00:29New Hostage Videos From Hamas Spark Rally in Israel01:59Now PlayingNew Wave of Trump Tariffs Set to Take Effect This Week02:05UP NEXTDemocrats Leave Texas to Block Republican Redistricting Vote02:23Ozzy Osbourne’s Hometown Fans Say Farewell to Music Legend03:53Joan Anderson, Hula Hoop Pioneer in America, Dies at 10102:14Indian American Baseball Prospect Makes History03:00Millions Struggle to Find Food in Gaza as Limited Aid Trickles In04:29Wildfires Spread Out West as Canada Fire Smoke Covers Midwest02:06Magnitude 3.0 Earthquake Rattles NYC Area Overnight00:23Two Arrested in Tennessee Manhunt; Suspect Still at Large00:32How the Trump Administration is Reacting to Economic Warnings02:00Officials Launch Investigation into Ex-Special Counsel Jack Smith02:1902:05As a new wave of President Donald Trump’s tariffs is set to begin Thursday, rising prices from all the tariffs could cost the average American family $2,400 in 2025 according to a new estimate from the Yale Budget Lab. Meanwhile, Trump is facing new questions after firing the head of Labor Department after a weaker-than-expected July jobs report that he says is “rigged.” NBC’s Kelly O’Donnell reports for TODAY.Aug. 4, 2025Read MoreVolcano in Russia’s Far East Erupts for the First Time in Centuries00:26FDA Issues Class II Warning for Butter Recall Over Allergen Risk00:28Inside the Rise of AI-Generated Feel-Good Posts on Social Media06:01Raging Wildfires Prompt Air Quality Alerts in Midwest and East03:41Boeing Jet Workers Go on Strike After Rejecting Labor Proposal00:29Ghislaine Maxwell Quietly Moved to Low Security Prison in Texas02:12Shark Vs. Stingray Battle Caught on Camera by Beachgoers02:47Pope Leo Tells 1M Catholic Youth ‘A Different World is Possible’00:29New Hostage Videos From Hamas Spark Rally in Israel01:59Now PlayingNew Wave of Trump Tariffs Set to Take Effect This Week02:05UP NEXTDemocrats Leave Texas to Block Republican Redistricting Vote02:23Ozzy Osbourne’s Hometown Fans Say Farewell to Music Legend03:53Joan Anderson, Hula Hoop Pioneer in America, Dies at 10102:14Indian American Baseball Prospect Makes History03:00Millions Struggle to Find Food in Gaza as Limited Aid Trickles In04:29Wildfires Spread Out West as Canada Fire Smoke Covers Midwest02:06Magnitude 3.0 Earthquake Rattles NYC Area Overnight00:23Two Arrested in Tennessee Manhunt; Suspect Still at Large00:32How the Trump Administration is Reacting to Economic Warnings02:00Officials Launch Investigation into Ex-Special Counsel Jack Smith02:19Adblock test (Why?) 

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