President Trump signed an executive order imposing reciprocal tariffs ranging from 10% to 41% on roughly 68โ69 countries, including the EU.([turn0news19]๎turn0news17]๎turn0search4]๎
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๐ Country Rate Highlights
๐จ๐ฆ Canada: Tariffs rising from 25% โ 35%, due to concerns over fentanyl cooperation.([turn0news19]๎turn0news16]๎turn0search11]๎)
๐ง๐ท Brazil: Faces a 50% tariff due to policy disputes.([turn0news19]๎turn0search11]๎)
๐ฎ๐ณ India: Set to pay 25%.([turn0news19]๎turn0news18]๎)
๐น๐ผ Taiwan: 20% rate.([turn0news19]๎turn0search11]๎)
๐ธ๐ช Switzerland: Slapped with 39% tariffs.([turn0news17]๎turn0search11]๎)
๐ต๐ฐ Pakistan: 19%, adjusted downward recently.([turn0search6]๎turn0news18]๎)
๐ Others: Syria at 41%, Laos/Myanmar at 40%, South Africa **30%+.([turn0news20]๎turn0search11]๎)
Baseline 10% applies to countries with U.S. trade surplus.
Major partners (EU, Japan, SK) maintain 15% under recent agreements.([turn0news19]๎turn0search9]๎)
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๐ Market & Reaction Impacts
Asian markets and U.S. futures dropped modestly in reaction.([turn0news15]๎turn0news17]๎turn0search11]๎)
The U.S. dollar weakened, and global equities including South Korea and Europe pulled back.([turn0news17]๎turn0search0]๎)
Investors flagged: disrupted supply chains, higher costs, and inflation risks.([turn0news15]๎turn0search33]๎turn0search12]๎)
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โ๏ธ Legal & Policy Notes
A federal trade court ruled the 2025 "Liberation Day" tariffs under IEEPA unconstitutional. That ruling is under appeal.([turn0search31]๎)
Despite the ruling, tariffs via alternative authorities (e.g. Section 301/232) stay intact for key sectors like steel, aluminum, copper.([turn0search33]๎turn0search34]๎turn0search31]๎)
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๐ Why Crypto & Traders Should Care
Macro sentiment: USD, inflation, and trade risk feed volatility in crypto markets.
Supply chains: Technology tokens tied to semiconductors, copper, rare-earth logistics may shift.
Geopolitical risk: Heightened caution may drive rotation into defensive or stablecoins.
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๐ TL;DR (Emoji Table)
๐บ๐ธ Metric ๐ Value / Range
๐ Start Date Augโฏ7 (Augโฏ1 for Canada)
๐งพ Tariff Range 10% โ 41%
๐จ๐ฆ Canada 35%
๐ง๐ท Brazil 50%
๐ฎ๐ณ India 25%
๐ต๐ฐ Pakistan 19%
๐ Syria 41%
๐ฐ Baseline Rate 10โ15% (depends on trade balance)
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