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#TrumpTariffs
Trump Tariff Update (May 2025):
U.S.–China Tariff Truce: 90-day pause, tariffs cut (U.S. to 30%, China to 10%)
Crackdown on Shein/Temu: Duty-free exemption scrapped, 54% tariff on small packages
Film Tariff Threat: Trump proposes 100% tariff on foreign films; De Niro slams move
Canada Feels the Heat: Tariffs spike prices at Loblaw; 6,000+ products to be affected
Markets up, tensions still high.
#Trump
#Tariffs
#TradeWar #Temu
Trump Tariff Update (May 2025):
U.S.–China Tariff Truce: 90-day pause, tariffs cut (U.S. to 30%, China to 10%)
Crackdown on Shein/Temu: Duty-free exemption scrapped, 54% tariff on small packages
Film Tariff Threat: Trump proposes 100% tariff on foreign films; De Niro slams move
Canada Feels the Heat: Tariffs spike prices at Loblaw; 6,000+ products to be affected
Markets up, tensions still high.
#Trump
#Tariffs
#TradeWar #Temu
Here’s a Binance Square-friendly version of the news:
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Certain Goods Exempt from Reciprocal Tariffs – What It Means for Global Trade
The White House has announced that some goods will be exempt from the new reciprocal tariffs recently imposed by President Trump. While major import categories face steep tariffs—34% on Chinese goods, 20% on EU products, and 24% on Japanese imports—sectors like pharmaceuticals and semiconductors will be spared.
This move aims to balance trade policies while protecting critical industries. However, businesses in sectors like electric vehicles, seafood, and toys warn that these tariffs could raise costs and impact the economy.
Additionally, the U.S. has ended the "de minimis" tariff exemption, which allowed Chinese platforms like Shein and Temu to ship low-cost goods to U.S. customers without tariffs. Starting May 2, 2025, all shipments from China will be subject to tariffs unless sent via the international postal system.
With these changes, global markets may see ripple effects on trade, crypto, and consumer prices. What’s your take? Could this impact stablecoins, cross-border payments, or crypto adoption in global trade? Drop your thoughts below!
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This version is crypto- and finance-focused, making it more engaging for Binance Square users. Let me know if you want any tweaks!
#Binance #Minimis #stablecin #Shein #Temu
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Certain Goods Exempt from Reciprocal Tariffs – What It Means for Global Trade
The White House has announced that some goods will be exempt from the new reciprocal tariffs recently imposed by President Trump. While major import categories face steep tariffs—34% on Chinese goods, 20% on EU products, and 24% on Japanese imports—sectors like pharmaceuticals and semiconductors will be spared.
This move aims to balance trade policies while protecting critical industries. However, businesses in sectors like electric vehicles, seafood, and toys warn that these tariffs could raise costs and impact the economy.
Additionally, the U.S. has ended the "de minimis" tariff exemption, which allowed Chinese platforms like Shein and Temu to ship low-cost goods to U.S. customers without tariffs. Starting May 2, 2025, all shipments from China will be subject to tariffs unless sent via the international postal system.
With these changes, global markets may see ripple effects on trade, crypto, and consumer prices. What’s your take? Could this impact stablecoins, cross-border payments, or crypto adoption in global trade? Drop your thoughts below!
---
This version is crypto- and finance-focused, making it more engaging for Binance Square users. Let me know if you want any tweaks!
#Binance #Minimis #stablecin #Shein #Temu
#BinanceAlphaTop5
hey guys I really need your help please
can you please sign up TEMU using my link please #Temu
hey guys I really need your help please
can you please sign up TEMU using my link please #Temu
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