Donald Trump Tariffs Archives - Inspirepreneur Magazine

US to Aid South Korea in Building Nuclear Submarines

manjula@inspirepreneur.com.auNovember 16, 2025November 18, 202506 mins

The South Korean government announced that the United States will help South Korea build nuclear-powered strategic submarines at a shipyard in Philadelphia run by South Korean conglomerate Hanwha. According to the details, South Korea already possesses about 20 submarines. However, all of them are diesel-propelled. Till now, only six countries currently possess nuclear-powered strategic submarines. They include the US, China, Russia, the UK, France and India.

Donald Trump Slashes Food Tariffs Amid Rising Inflation

manjula@inspirepreneur.com.auNovember 16, 2025November 18, 202506 mins

Trump’s exemptions arrived a day after the United States reached trade framework agreements with four Latin American countries. It includes 10 per cent tariffs on most goods from Argentina, Guatemala, and El Salvador, while 15 per cent tariffs from Ecuador. According to the new trade agreements, duties were also removed on certain products not grown or produced in the US in sufficient quantities, such as bananas and coffee. The latest announcement, on 200 items, is expected to bring the prices down. The items range from oranges, acai berries, and paprika to cocoa, chemicals used in food production, fertilizers, and even communion wafers.