#TrumpTariffs "BREAKING: Update on
#TrumpTariffs – on Aug 1, 2025, President Trump signed executive orders implementing sweeping new tariffs (10–41%) on imports from 68 countries + EU. 🇺🇸 Major rates: 35% for Canada, 25% for India, 30% for South Africa, up to 39% for Switzerland. Markets initially reacted mildly, but global equities dipped and dollar strengthened. The implementation is delayed 7 days to August 7. Legal challenges over use of emergency powers are already underway. Trade deals remain fluid as countries scramble for exemptions."
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🔍 Why this matters
Tariffs range from 10% to 41%, hitting key trade partners hard
Canada faces 35%, Switzerland 39%, India 25%, while some nations may negotiate exemptions
Markets softened—European indices fell, the Canadian dollar slid, and the US dollar rose
Legal challenges focus on Trump’s invocation of emergency authorities under the **International Emergency Economic Powers Act (IEEPA)**
The average U.S. tariff rate surged to levels not seen since the 1930s, reshaping global trade dynamics
IMF and analysts warn about inflation risks and slowing global growth, though markets so far seem resilient
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✅ Suggested hashtags
#TrumpTariffs #TradeWar #Tariffs2025 #GlobalEconomy
#TradeUpdate ---
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#MarketPullback