US President Trump has imposed sweeping new tariffs on 69 countries, citing national security and foreign policy concerns. Brazil faces the steepest hike — 50% — in response to investigations into Trump ally Jair Bolsonaro. India is hit with 25% tariffs for its ties with Russia. Canada’s tariffs rise to 35% over fentanyl concerns, while Mexico gets a 90-day reprieve before potential 30% tariffs. The new rates, affecting goods from pharmaceuticals to electronics, take effect August 7.

(This video summary was created using AI. A journalist edited it before publication.)