🔥 Trump’s Tariff Tsunami 2025: Global Trade on Edge! 🔥
Donald Trump has reshaped U.S. trade with an aggressive wave of tariffs in 2025, shaking global markets and impacting everything from steel to smartphones.
Key Highlights:
10% Universal Tariff on almost all imports (since April 5, 2025)
Steel & Aluminum: 50% tariff (except UK at 25%)
Copper: 50% starting August 1, 2025
Country-Specific Shocks:
🇨🇦 Canada: 35%
🇧🇷 Brazil: 50%
🇮🇳 India: 25%
🇵🇰 Pakistan: 19%
🇪🇺 EU & 🇲🇽 Mexico: 30%
🇮🇶 Iraq: 35–41%
📊 Impact:
Average U.S. tariff now 18.3%, the highest since 1930s
Revenue collection exceeds $150B in H1 2025
Analysts warn of higher inflation & slower global trade
🔗 Sources & References:
Reuters
MarketWatch
Times of India
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