📢 BREAKING: U.S. Announces Sweeping Reciprocal Tariffs

President Trump has officially unveiled a comprehensive Reciprocal Tariff Plan, aimed at balancing trade relations and boosting domestic manufacturing. The new tariffs will go into effect starting tomorrow.

🔰 Key Highlights:

🔹 Baseline Tariff: 10% on all imports

🔹 Auto Tariffs: 25% – now extended to all computer imports, including laptops and desktops

🔹 Value of Affected Computer Imports: $138.5 billion (2024)

🔹 Reciprocal Tariffs: Matching or discounted rates based on each country’s own tariff rates

🔰 Country-Specific Tariffs:

🇨🇳 China: 34%

🇮🇳 India: 26%

🇪🇺 European Union: 20%

🇬🇧 United Kingdom: 10%

🇻🇳 Vietnam: 46%

🇯🇵 Japan: 24%

🇰🇷 South Korea: 25%

🇹🇭 Thailand: 36%

🇨🇭 Switzerland: 31%

🇰🇭 Cambodia: 50%

🇧🇷 Brazil: 10%

🇵🇰 Pakistan: 30%

🇱🇰 Sri Lanka: 44%

🇮🇱 Israel: 17%

🇿🇦 South Africa: 30%

🔰 Market Reaction:

S&P 500 down 4% following the announcement.

🇺🇸 President Trump Says:

“We cannot continue to fund the deficits of Canada, Mexico, and others. Tariffs will bring back jobs, factories, and lower prices for American consumers. Start buying American goods!”