📢 Trump Tariff Action Update – July 2025
President Trump has announced a 50% tariff on copper imports and warned of a 200% tariff on pharmaceuticals within a year.
These moves are part of a broader push to reshape U.S. trade policy. Starting August 1, BRICS nations—including India—will face an additional 10% tariff2.
Trump also sent tariff letters to 14 countries, with rates ranging from 25% to 40%.
🔍 Key Points:
Copper Tariff: 50% effective August 1
Pharma Tariff: 200% possible in 2026
BRICS Tariff: +10% across the board
India’s exports (copper, pharma) at risk
Global markets reacting with caution