#美国加征关税 US tariff increases trigger global market turmoil

US President Donald Trump announced on July 5th that he intends to impose tariffs of 10%-70% on countries that have not reached trade agreements, with the new tax rates taking effect on August 1st. This move aims to pressure countries to accept US trade terms, but has triggered strong opposition from many countries. Japanese scholars warn that a 70% tax rate will completely block exports to the US and wipe out Japan's trade surplus; South Korea has urgently sent representatives to the US for negotiations in an attempt to secure an exemption.

This tariff increase is an upgraded version of the "reciprocal tariff" policy in April, and the previous 50% tariff has already led to a plunge in US stocks and a surge in inflationary pressure. The EU, India, and others are accelerating negotiations, but differences remain difficult to eliminate.