Shafaq News - Washington
President Donald Trump is ready to proceed with tariffincreases targeting several US trading partners, White House Economic AdviserKevin Hassett confirmed on Sunday, citing what the administration considersweak trade proposals.
In a press briefing, Hassett explained that the presidentreviewed recent offers from countries including Mexico and the European Unionbut found them unsatisfactory. Unless improved terms are presented, theadministration plans to implement a new round of tariffs.
“These tariffs will take effect if the president does notreceive agreements he considers acceptable,” Hassett clarified, noting thatnegotiations with multiple governments are ongoing.
The White House is also considering a 50% tariff on importsfrom Brazil, which Hassett described as a response to “unconstructive conduct”during trade discussions.
Iraq is among the nations affected, with a 30% tariff set tobe imposed on selected goods.
The move comes as the Trump administration increasinglyrelies on duties both to generate revenue and to apply leverage in trade talks.US Customs collected $26.6 billion in tariffs in June 2025 alone, nearly fourtimes the amount from the same month a year earlier. Treasury Department datashows that cumulative tariff revenue for fiscal year 2025 has already surpassed$100 billion, setting a record high.
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