📢 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


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