The Good, the Bad and the Ugly -- Industries React to Sweeping U.S. Tariffs

August 11, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--From metals and minerals to pharmaceuticals, Industrial Info is keeping a close eye on the impact of the sweeping U.S. tariffs that took hold last week. The new tariffs, which took effect on Thursday, August 7, range by country from a baseline level of 10% to as high as 50%. They come after months of often-contentious trade talks between the Trump administration and various countries. President Donald Trump has held that the revenue from the tariffs will whittle down the government's $1.3 trillion budget deficit and rework trade relationships with nations that he says are taking advantage of the U.S.