#TrumpTariffs 🇺🇸 Key Developments
1. Tariff Implementation & Escalation
A 10% universal tariff on all imports took effect on April 5, under Trump’s “Liberation Day” decree; additional reciprocal tariffs up to 70% were scheduled to resume around July 9, now postponed to August 1 .
Trump warned that countries aligning with “anti‑American” BRICS policies would face an extra 10% tariff .