📰 Trump’s Tariffs Shake Global Trade
Former President Trump has announced sweeping new tariffs (10%–41%) on imports from over 90 countries.
Key targets:
• 🇨🇦 Canada: 35%
• 🇧🇷 Brazil: 50%
• 🇮🇳 India: 25%
• 🇹🇼 Taiwan: 20%
• 🇨🇭 Switzerland: 39%
🕒 Implementation delayed to August 7, causing market uncertainty.
📈 U.S. tariff revenue hits record highs, but economists warn of rising inflation and supply chain shocks.
⚖️ Legal challenges question Trump’s authority under emergency powers.
📊 Impact on Binance users: Expect volatility in USD-pegged assets, global stocks, and commodities as markets react.