#TrumpTariffs

Donald Trump has reignited global trade tensions by announcing steep new tariffs ranging from 25% to 40% on 14 countries, set to take effect on August 1, 2025. Nations like Japan, South Korea, and Bangladesh have been warned to finalize trade deals or face economic penalties. Trump’s move is part of his "reciprocal tariffs" strategy, targeting nations he accuses of unfair trade practices. He also threatened a 10% tariff on countries aligning with BRICS, escalating geopolitical stakes. Markets reacted sharply, with U.S. and Asian stocks dipping amid fears of a trade war. Critics warn this could disrupt global supply chains and raise inflation. Supporters argue it’s a bold stance to protect American jobs. As the deadline looms, diplomatic talks are intensifying worldwide.