Key Trade Decisions by Trump for July 2025 Summary:
- Imposing a 50% tariff on copper imports from Brazil and India starting August 1 to support national security.
- Imposing a 25% tariff on imports from India with a penalty for its dealings with Russia.
- Threatening to impose additional tariffs on Russia's partners if Moscow does not change its stance on Ukraine.
- A trade agreement with the European Union including a 15% tariff on most goods while maintaining 50% on steel and aluminum, in addition to purchasing U.S. energy and military equipment.
- Continuing negotiations with China regarding a potential trade agreement.
These decisions have escalated trade tensions with India and Brazil and enhance U.S. trade influence globally.
