🚨 #TrumpTariffs Update: As of July 8, 2025, President Trump is doubling down on his trade war, with no extensions past Aug 1! Letters sent to Japan, South Korea (25% tariffs), and 12 other nations outline rates up to 70%. Vietnam deal secured at 20% (down from 46%), with 40% on transshipped goods. EU talks falter, risking 50% tariffs from July 9. Treasury Sec. Bessent says tariffs revert to April levels Aug 1 for non-deal countries. Markets brace for volatility, with Yale estimating $2,800/yr hit to households. Yet, hiring surged in June, defying fears. Is Trump’s strategy a bold move for economic sovereignty or a costly gamble? 🤔