#TrumpTariffs The latest tariff moves by Donald Trump are making headlines again. Here’s a quick summary of what’s happening:

RECEIPT

New Tariff Announcements

• Trump has proposed an additional 10% tariff on any country that signs trade agreements with BRICS nations (Brazil, Russia, India, China, South Africa) 1.

• These tariffs could increase up to 50% if trade agreements are not reached by August 1,

with letters already sent to the countries involved 1.

Tensions with the EU

• The United States threatens tariffs of up to 20% on European exports unless the EU grants exemptions from certain regulations.