#TRUMPPrediccion $TRUMP
Here’s the latest comprehensive update on the Trump-era tariffs and their current implications as of early August 2025:
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📌 Key Developments
New Executive Order (July 31, 2025): President Trump issued a sweeping executive order imposing global tariff rates ranging from 15 % to 41%, set to take effect on August 7, 2025.
Average U.S. import tariffs are now at an all-time high since 1934, averaging around 18.3–18.4%.
**Country-specific rates:**
Brazil: 50% tariff, citing digital policy disputes.
Canada: 35% tariffs on non‑USMCA‑compliant goods.
EU, Japan, South Korea, Indonesia, Vietnam: 15–20% “world tariff” levels due to ongoing trade negotiations.
Tariff letters issued to 12 nations warning of rate hikes up to 70% starting August 1; negotiations remain ongoing.
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🔙 Historical Timeline
1. February 2025 – $TRUMP introduced “reciprocal tariffs,” targeting 25% tariffs on imports from the EU, Canada, Mexico; 10% on China.
2. April 2 ("Liberation Day") – Declared a national emergency, followed by sweeping tariffs: 10% universally, higher rates for many countries (e.g. China facing up to 54%).
3. April 3–4, 2025 – Global markets crashed in reaction to tariff escalation.
4. May 28, 2025 – U.S. Court of International Trade ruled that “Liberation Day” tariffs exceeded presidential authority under the International Emergency Economic Powers Act (IEEPA), issuing a permanent injunction.
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🌍 Reactions & Economic Impacts
Countries pushed back:
Canada and China announced reciprocal measures. Mexico and EU also issued warnings and enforced counter-tariffs.
EU trade officials stated the new U.S. tariffs reflect a negotiated 15% cap for partner countries.
Economists warn of a possible recession: The tariffs represent a ~2% GDP-equivalent tax increase, highest since WWII.