#TrumpTariffs New Reciprocal Tariffs Announced
On August 1, 2025, President Donald Trump signed an executive order imposing “reciprocal tariffs” ranging from 10% to 41% on imports from dozens of countries and the EU, to take effect on August 7 .
India: 25%
Taiwan: 20%
South Africa: 30%
Canada: increased from 25% to **35%**
A default 10% tariff applies to countries not listed in Annex I .
In exchange for purchasing $750 billion in U.S. energy and $600 billion in U.S. investments, the EU secured a 15% tariff agreement, down from a threatened 30% .$BTC #Binance #BinanceTurn8s $BNB $WCT