#TrumpTariffs
✅ Trump Tariffs Update (July 2025)
🚨 Trump is ramping up his trade agenda again — sending official letters to 14 countries, warning them of steep 25–40% tariffs starting August 1, 2025, unless new trade deals are signed.
📝 Who’s impacted?
🇯🇵 Japan & 🇰🇷 South Korea: facing 25% tariffs on nearly all goods.
🇮🇳 India, 🇲🇾 Malaysia, 🇹🇭 Thailand & others: 25–36%.
🇲🇲 Myanmar & 🇱🇦 Laos: up to 40%.
💬 Trump says it’s about getting “fair, reciprocal deals.” He claims talks with the UK, China, Vietnam are progressing, and that a deal with India is “close.”
📉 Markets dipped slightly, but many investors are betting he’ll soften if new deals come through.
🕒 Next watch point:
Deadline is August 1 — if no deals are reached, these tariffs kick in.