#TrumpTariffs
President Donald Trump intensifies his tariff strategy with the issuance of letters to 14 countries (including Japan, South Korea, Malaysia, and Bangladesh), announcing new rates of 25–40% that will take effect on August 1.
The U.S. stock market reacted sharply: the Dow dropped more than 600 points and the Nasdaq and S&P fell more than 1% on July 7.
Analysts warn that this could generate high volatility, especially if retaliations are added.
Meanwhile, a mini-deal between the U.S. and India is expected soon, and negotiation deadlines with other nations have been extended until early August.
Conclusion:
Tariffs of 25–40% on 14 countries, effective August 1.
Market impacted: Dow -600 pts, Nasdaq/S&P -1%+.
Awaiting agreements with India, the United Kingdom, and China.