#TrumpTariffs The President of the U.S., Donald Trump, has intensified his tariff policy. He has extended the tariff "truce" until August 1, 2025, the date when new levies will come into effect if trade agreements are not reached.

Trump has sent letters to more than a dozen countries, mainly in Asia and Africa, notifying them about possible tariffs that could reach up to 40%. Among the affected countries are Japan, South Korea, Indonesia, Malaysia, South Africa, and Tunisia.