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Trump's new double-digit tariffs on dozens of countries go into effect
Summary by Frisco News Editorial Desk · Based on reporting by Paul Wiseman and Mae Anderson | The Associated Press , NBC 5 Dallas-Fort Worth (KXAS) - Top Stories
· July 23, 2026
· 8 min read
President Donald Trump has imposed new double-digit tariffs on dozens of U.S. trading partners just as the clock ran out Friday on stopgap duties he levied after a stinging defeat at the Supreme Court. The United States will now slap taxes of 10% to 12.5% on imports from 60 countries accounting f...
Story provenance No corrections
Summary created by Frisco News Editorial Desk — automated, rule-governed Original reporting Paul Wiseman and Mae Anderson | The Associated Press, NBC 5 Dallas-Fort Worth (KXAS) - Top Stories Original story Read at the source Source published Jul 23, 2026 Indexed here Jul 24, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The United States will now slap taxes of 10% to 12.
Why this matters in Frisco News
For Frisco businesses that rely on international trade, the new double-digit tariffs imposed by President Trump will likely have a significant impact. As a city with a strong economy and a growing number of companies involved in global commerce, Frisco will feel the effects of these tariffs. The taxes of 10% to 12.5% on imports from 60 countries will increase costs for local businesses that import goods, potentially leading to higher prices for consumers and reduced profit margins for companies. This could be particularly challenging for small businesses and startups in Frisco that are already operating on tight budgets. Additionally, the tariffs may also affect the city's transportation industry, as Frisco is a key hub for the movement of goods in the Dallas-Fort Worth area. As the tariffs take effect, it will be important to monitor their impact on the local economy and businesses in Frisco.
About this story
Original reporting by NBC 5 Dallas-Fort Worth (KXAS) - Top Stories . Frisco News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit NBC 5 Dallas-Fort Worth (KXAS) - Top Stories . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 23, 2026 ·
Source: NBC 5 Dallas-Fort Worth (KXAS) - Top Stories ·
Reading time: 8 min
Frequently asked about this story
What is this story about? President Donald Trump has imposed new double-digit tariffs on dozens of U.S. trading partners just as the clock ran out Friday on stopgap duties he levied after a stinging defeat at the Supreme Court. The United States will now slap taxes of 10% to 12.5% on imports from 60 countries accounting f...
When was this published? This article was first published on July 23, 2026 by NBC 5 Dallas-Fort Worth (KXAS) - Top Stories and curated for Frisco News readers.
Who reported this story? This story was reported by Paul Wiseman and Mae Anderson | The Associated Press at NBC 5 Dallas-Fort Worth (KXAS) - Top Stories. To learn more about how Frisco News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Frisco News, or browse our daily briefing and topic hubs .
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