TraderKKS
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#TrumpTariffs 🇺🇸 President Donald Trump has recently announced sweeping new tariffs targeting a wide range of countries, reigniting global trade tensions. Here’s a breakdown of what’s happening:
🔍 Key Highlights
- 50% tariffs on Brazil starting August 1, following a political spat with President Lula over the treatment of former President Bolsonaro.
- Tariff letters sent to 14 countries, including Japan, South Korea, Malaysia, and Bangladesh, with rates ranging from 25% to 40%.
- BRICS nations may face an additional 10% tariff if they align with what Trump calls “anti-American policies”.
- New tariffs are part of Trump’s “Liberation Day” strategy, aimed at correcting trade imbalances and punishing countries he claims have taken advantage of the U.S..
🌍 Countries & Tariff Rates
| Country | New Tariff Rate | Notes |
|----------------------|-----------------|--------------------------------------------|
| Brazil | 50% | Political retaliation |
| Japan & South Korea | 25% | Trade imbalance concerns |
| Laos & Myanmar | 40% | Highest among new rates |
| Cambodia & Thailand | 36% | Electronics and textiles impacted |
| Bangladesh & Serbia | 35% | Apparel and manufacturing sectors hit |
📈 Market Impact
- U.S. stock markets dipped following the announcement, with major indices falling nearly 1%.
- Brazilian currency and stocks also took a hit, especially companies like Embraer and Petrobras.
🧭 What’s Next?
- Countries have until August 1 to negotiate trade deals or face the new tariffs.
- Some, like Japan and South Korea, are actively seeking concessions, while others, like South Africa, have criticized the move as unilateral.
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🔍 Key Highlights
- 50% tariffs on Brazil starting August 1, following a political spat with President Lula over the treatment of former President Bolsonaro.
- Tariff letters sent to 14 countries, including Japan, South Korea, Malaysia, and Bangladesh, with rates ranging from 25% to 40%.
- BRICS nations may face an additional 10% tariff if they align with what Trump calls “anti-American policies”.
- New tariffs are part of Trump’s “Liberation Day” strategy, aimed at correcting trade imbalances and punishing countries he claims have taken advantage of the U.S..
🌍 Countries & Tariff Rates
| Country | New Tariff Rate | Notes |
|----------------------|-----------------|--------------------------------------------|
| Brazil | 50% | Political retaliation |
| Japan & South Korea | 25% | Trade imbalance concerns |
| Laos & Myanmar | 40% | Highest among new rates |
| Cambodia & Thailand | 36% | Electronics and textiles impacted |
| Bangladesh & Serbia | 35% | Apparel and manufacturing sectors hit |
📈 Market Impact
- U.S. stock markets dipped following the announcement, with major indices falling nearly 1%.
- Brazilian currency and stocks also took a hit, especially companies like Embraer and Petrobras.
🧭 What’s Next?
- Countries have until August 1 to negotiate trade deals or face the new tariffs.
- Some, like Japan and South Korea, are actively seeking concessions, while others, like South Africa, have criticized the move as unilateral.
pls follow me I will follow you back kind request 🍭🍌👍🤗💗🙂😀😀💗🤗👍
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