TraderKKS
--
#TrumpTariffs ๐บ๐ธ President Donald Trump has reignited his tariff strategy with a bold new wave of trade measures set to take effect August 1, 2025. Here's whatโs unfolding:
๐ Tariff Letters Sent to 14 Nations
Trump has dispatched formal letters to countries including Japan, South Korea, Malaysia, South Africa, Indonesia, Bangladesh, and Thailand, announcing tariffs ranging from 25% to 40% on imports. These are part of his โreciprocal tariffโ policy aimed at correcting trade imbalances.
๐ Key Features of the Tariff Plan
- 25% tariffs on imports from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia
- 30โ36% tariffs for countries like South Africa, Bosnia, Cambodia, and Thailand
- 40% tariffs on Laos and Myanmar
- Additional 10% tariff threat for countries aligning with BRICS, citing โanti-Americanismโ
๐ฐ๏ธ Timeline & Flexibility
- Originally set to resume July 9, the tariff hike was delayed to August 1 via executive order
- Trump says the deadline is โfirm but not 100% firm,โ leaving room for negotiation
๐ฌ Negotiation Status
- Deals have been reached with UK, China, and Vietnam
- India is still negotiating, with Trump suggesting a deal is close
๐ Market Reaction
- U.S. stock indices dipped nearly 1% following the announcement
- Japanese automakers like Toyota and Honda saw 4%+ declines in share prices
If you want to explore how these tariffs might affect crypto markets, inflation, or global trade dynamics, I can break that down too. Just say the word.
pls follow me I will follow you back kind request ๐๐๐๐ญ๐ค๐
๐ Tariff Letters Sent to 14 Nations
Trump has dispatched formal letters to countries including Japan, South Korea, Malaysia, South Africa, Indonesia, Bangladesh, and Thailand, announcing tariffs ranging from 25% to 40% on imports. These are part of his โreciprocal tariffโ policy aimed at correcting trade imbalances.
๐ Key Features of the Tariff Plan
- 25% tariffs on imports from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia
- 30โ36% tariffs for countries like South Africa, Bosnia, Cambodia, and Thailand
- 40% tariffs on Laos and Myanmar
- Additional 10% tariff threat for countries aligning with BRICS, citing โanti-Americanismโ
๐ฐ๏ธ Timeline & Flexibility
- Originally set to resume July 9, the tariff hike was delayed to August 1 via executive order
- Trump says the deadline is โfirm but not 100% firm,โ leaving room for negotiation
๐ฌ Negotiation Status
- Deals have been reached with UK, China, and Vietnam
- India is still negotiating, with Trump suggesting a deal is close
๐ Market Reaction
- U.S. stock indices dipped nearly 1% following the announcement
- Japanese automakers like Toyota and Honda saw 4%+ declines in share prices
If you want to explore how these tariffs might affect crypto markets, inflation, or global trade dynamics, I can break that down too. Just say the word.
pls follow me I will follow you back kind request ๐๐๐๐ญ๐ค๐
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
99
0