#TrumpTariffs on Trump's tariffs (July 2025):
President Donald Trump, currently campaigning and with strong political influence, announced a new round of trade tariffs that has been in effect since early July. The measure is informally being called the “tariff hike” and has caused a significant global impact.
🔥 Key points of the new tariff hike:
Came into effect on July 9, 2025
Affects 57 countries, including China, Japan, European Union, and Brazil
Justification: attract investments to the USA and protect American jobs
The tariffs are based on a calculation of trade deficit divided by each country's exports to the USA
🌍 Examples of applied tariffs:
Country Applied tariff
China 104%
Japan 24%
European Union 20%
Brazil 10%
Vietnam 46%
India 26%
📉 Expected impacts:
Increase in import prices in the USA
Diplomatic reactions from affected countries
Possible trade retaliations
Uncertainty in global markets, especially in sectors such as automobiles, technology, and commodities
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