#TRUMP $TRUMP #TrumpNewTariffs

🇺🇸 President Trump’s New Tariffs (Effective Oct 1, 2025 unless noted):

🌍 By Country:

China → 104% total (50% added to existing 54%)

India → 51% total (26% base + 25% added)

European Union → 20% on select goods; 15% on most EU goods (deal reached)

Mexico → 30% proposed (USMCA exemptions apply)

Canada → 35% proposed (USMCA exemptions apply)

Japan → 15% on most goods

📦 By Product:

💊 Branded Pharmaceuticals → 100% (unless manufactured in US)

🪚 Kitchen Cabinets & Vanities → 50%

🛋 Upholstered Furniture → 30%

🚚 Heavy-Duty Trucks → 25%

⚙️ Copper Products → 50% (semi-finished & copper-intensive items)

⚠️ Secondary Tariffs:

🛢 25% on countries buying Russian oil (India, China affected)

🔒 Up to 100% on countries trading with Russia (within 50 days if no action)

📌 Impact:

Goal → reduce US trade imbalance & boost domestic manufacturing

Risk → higher consumer costs & potential trade war escalation