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🚨🔥Trump’s Proposed Tariffs: A Global Breakdown

🔰Former President Donald Trump has outlined a sweeping tariff policy that would significantly impact global trade. Under this plan, tariffs on imports from various countries would see sharp increases, with some nations facing duties exceeding 40%. These proposed tariffs are expected to reshape supply chains, influence trade relations, and potentially drive inflationary pressures in the United States.

🔰Below is a breakdown of the proposed tariff rates by country:

✅High-Tariff Nations (Above 30%)

🔸Cambodia – 49%

🔸Vietnam – 46%

🔸Sri Lanka – 44%

🔸Bangladesh – 37%

🔸Thailand – 36%

🔸China – 34%

🔸Taiwan – 32%

🔸Indonesia – 32%

🔸Switzerland – 31%

🔸South Africa – 30%

🔸Pakistan – 29%

✅Moderate-Tariff Nations (20%–29%)

🔸India – 26%

🔸South Korea – 25%

🔸Japan – 24%

🔸Malaysia – 24%

🔸European Union – 20%

🔸Lower-Tariff Nations (10%–19%)

🔸Israel – 17%

🔸Philippines – 17%

🔸United Kingdom – 10%

🔸Brazil – 10%

🔸Singapore – 10%

🔸Chile – 10%

🔸Australia – 10%

🔸Turkey – 10%

✅This aggressive tariff structure signals a return to protectionist policies, which could lead to retaliatory measures from affected trading partners. The economic impact of these tariffs would likely be felt across industries, from manufacturing to consumer goods, as companies reassess sourcing strategies and cost structures.

🔰As the 2024 U.S. presidential election approaches, Trump's tariff agenda remains a focal point in discussions on economic policy, with debates over its potential effects on American businesses, inflation, and global trade dynamics.
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