TraderKKS
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#TrumpTariffs As of July 2025, former President Donald Trump has reignited global trade tensions with a sweeping set of tariff policies:
🔥 Key Highlights of Trump’s 2025 Tariff Strategy
- 10% Tariff on BRICS-Aligned Nations
Trump announced an additional 10% tariff on any country aligning with what he calls the “anti-American policies” of the BRICS bloc (Brazil, Russia, India, China, South Africa, plus newer members like Iran, Egypt, and Saudi Arabia). He emphasized there would be no exceptions to this policy.
- “Liberation Day” Tariffs
On April 2, dubbed “Liberation Day,” Trump imposed a 10% base tariff on nearly all imports, with additional duties up to 50% on select goods. These tariffs were briefly paused but are now set to take full effect by August 1, unless bilateral deals are reached.
- Targeted Tariffs on Key Partners
- Canada & Mexico: 25% on most goods, citing border security and trade imbalances
- China: Tariffs escalated to as high as 125% before being reduced to 10% after temporary trade talks
- Steel & Aluminum: 25% global tariff to boost domestic production
- Reciprocal Tariff Formula
The administration used a formula based on trade deficits to calculate “reciprocal” rates, aiming to mirror what other countries charge the U.S.
🌍 Global Reactions
- BRICS Response: At their July summit in Rio, BRICS leaders condemned the tariffs as “unilateral” and destabilizing to global trade.
- Market Impact: The announcements triggered volatility in global markets, with countries scrambling to negotiate exemptions or countermeasures.
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🔥 Key Highlights of Trump’s 2025 Tariff Strategy
- 10% Tariff on BRICS-Aligned Nations
Trump announced an additional 10% tariff on any country aligning with what he calls the “anti-American policies” of the BRICS bloc (Brazil, Russia, India, China, South Africa, plus newer members like Iran, Egypt, and Saudi Arabia). He emphasized there would be no exceptions to this policy.
- “Liberation Day” Tariffs
On April 2, dubbed “Liberation Day,” Trump imposed a 10% base tariff on nearly all imports, with additional duties up to 50% on select goods. These tariffs were briefly paused but are now set to take full effect by August 1, unless bilateral deals are reached.
- Targeted Tariffs on Key Partners
- Canada & Mexico: 25% on most goods, citing border security and trade imbalances
- China: Tariffs escalated to as high as 125% before being reduced to 10% after temporary trade talks
- Steel & Aluminum: 25% global tariff to boost domestic production
- Reciprocal Tariff Formula
The administration used a formula based on trade deficits to calculate “reciprocal” rates, aiming to mirror what other countries charge the U.S.
🌍 Global Reactions
- BRICS Response: At their July summit in Rio, BRICS leaders condemned the tariffs as “unilateral” and destabilizing to global trade.
- Market Impact: The announcements triggered volatility in global markets, with countries scrambling to negotiate exemptions or countermeasures.
pls follow me I will follow you back kind request 😀🙂💗🤗👍🍭🍌🍌🍌🍌
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