Trump Launches Tariff War: Tariffs Up to 41%, Canada Under Fire
❗️ Starting August 1, 2025, aggressive tariffs on imports from over 80 countries will come into effect in the USA.
Key Parameters:
▪️ Tariff Range — from 10% to 41%
▪️ Canada: increase from 25% to 35% — a strong signal of political cooling
▪️ EU: if the tariff <15% — raised to 15%, if >15% — remains unchanged
▪️ India, Kazakhstan, Moldova — 25%
▪️ Iraq — 35%, Libya and South Africa — 30%, Switzerland — 39%, Syria — 41%
⚠️ A 40% penalty is imposed for attempts to circumvent tariffs through transit and repackaging. The USA will begin publishing “black lists” of countries and factories involved in such schemes.
📉 Markets are reacting negatively: risks of logistical disruptions, price increases, and retaliatory measures are rising.