📢 PRESIDENT TRUMP ANNOUNCES 8 NEW COUNTRIES SUBJECT TO TARIFFS 🇺🇸
🇧🇩 Bangladesh – tariff 35%
🇰🇭 Cambodia – tariff 36%
🇮🇩 Indonesia – tariff 32%
🇹🇭 Thailand – tariff 36%
🇧🇦 Bosnia – tariff 30%
🇹🇳 Tunisia – tariff 25%
🇷🇸 Serbia – tariff 35%
🇰🇿 Kazakhstan – tariff 25%
IN ADDITION, OTHER COUNTRIES HAVE ALSO RECEIVED TAX NOTIFICATION LETTERS TODAY
🇲🇲 Myanmar – tariff 40%
🇱🇦 Laos – tariff 40%
🇿🇦 South Africa – tariff 30%
🇯🇵 Japan – tariff 25%
🇰🇷 South Korea – tariff 25%
🇲🇾 Malaysia – tariff 25%
the market is slightly declining as trump is imposing new tariffs on selected countries.
but if you look closely, you will see these tariff rates are only applied to smaller trading partners and will have minimal impact on the United States.
in my opinion, this is a classic overreaction like we have seen before with news about "tariffs".
below are the letters trump sent to south africa and malaysia today.
don't panic. you know how this goes already!