📢 #Trumptariffs Trump Announces New Import Tariffs
On August 1, 2025, President Donald Trump signed a new order to add extra taxes (called tariffs) on products coming into the U.S. from many countries. These will start from August 7.
🔸 India: 25%
🔸 Taiwan: 20%
🔸 South Africa: 30%
🔸 Canada: Increased from 25% to 35%
🔸 Other countries: Default 10% tariff
The EU (European Union) made a deal by agreeing to buy $750 billion worth of U.S. energy and invest $600 billion. Because of that, their tariff was reduced to 15% instead of the originally planned 30%.
📉 These tariffs could impact global trade, investments, and even crypto like $BTC