#TrumpTariffs
📉🇺🇸 Trump imposes new tariffs on 14 countries.. How have the markets been affected? 📉
Yesterday, U.S. President Donald Trump sent official messages to the leaders of 14 countries informing them of new tariffs that will take effect starting August 1, 2025, unless new agreements are reached.
Affected countries:
• 🇯🇵 Japan (25%)
• 🇰🇷 South Korea (25%)
• 🇿🇦 South Africa (30%)
• 🇱🇦 Laos (40%)
• 🇲🇾 Malaysia (25%)
• 🇲🇲 Myanmar (40%)
• 🇰🇿 Kazakhstan (25%)
• 🇹🇳 Tunisia (25%)
• 🇧🇦 Bosnia and Herzegovina (30%)
• 🇮🇩 Indonesia (32%)
• 🇧🇩 Bangladesh (35%)
• 🇷🇸 Serbia (35%)
• 🇰🇭 Cambodia (36%)
• 🇹🇭 Thailand (36%)
Despite the magnitude of the decision, the financial markets have not shown significant panic so far. The decline has been limited and not sharp, and it seems that investors are waiting to see what the negotiations in the coming weeks will bring.
✍️ My personal opinion:
I believe the impact is still under control, as most of these countries are not major direct trading partners, especially concerning the crypto market. However, escalation is possible, and reactions could change the scene at any moment.
❓ Question for you:
Do you think the markets will be significantly affected when the tariffs come into effect?
📈 They will not be significantly affected
❤️ Limited and temporary impact
📉 They will be strongly affected