New trade war alert!
Trump’s ready to slap tariffs as high as 70% on a dozen countries, with letters going out Monday to set the rates! 📬
The 90-day tariff pause ends July 9, and the US is pushing hard for deals—only the UK, Vietnam, and a limited China agreement are in the bag. 😎
Will this spark a global trade storm or boost American jobs?
- 🔥 What’s Happening: 10% baseline tariffs kicked in April, with reciprocal rates up to 50% for some (Kazakhstan 27%, Madagascar 47%, Thailand 36%).
Steel & aluminum tariffs doubled to 50%, but the UK gets a temporary pass. 🇺🇸
- ⚠️ The Stakes: Economists warn of inflation spikes (core goods inflation could hit 6.3% in 2025) and global growth slowdown.
US consumers are already bracing for 5.1% price hikes. 📈
- 😱: Some cheer “America First,” others fear supply chain chaos & higher costs.
Auto makers like Ford are sweating, warning of a “hole” in US industry. 🚗
Will Trump’s tariffs make the US stronger or tank the economy?
Drop a 👍 for “MAGA Trade” or 👎 for “Trade War Trouble” below!
Let’s make this go VIRAL! 🌍💬
Disclaimer: Not financial advice—do your own research! 🚀
