#TrumpTariffs "US President Donald Trump has announced new tariffs on 14 countries, effective August 1, 2025, aiming to correct trade imbalances. The tariffs range from 25% to 40%, with Japan and South Korea facing 25% tariffs. Trump's administration claims these measures will revive domestic manufacturing and protect American workers. However, economists warn of potential global trade wars, inflation, and supply chain disruptions. Countries like India, China, and the EU are expected to be significantly impacted, with India's pharmaceuticals, textiles, and automotive sectors facing rising costs and declining competitiveness. #TrumpTariffs #TradeWar" ¹ trumpusdt$