Trump’s Tariff Letters: New Trade Taxes Set to Hit by August 2025 🥹
Starting July 4, 2025, President Trump announced that the U.S. will send letters to trade partners, outlining new unilateral tariff rates ranging from 10% to as high as 60-70%. These tariffs are expected to take effect August 1, with 10-12 letters going out initially and more to follow, aiming for delivery by July 9—Trump’s deadline for trade deal negotiations. The move is part of his push to address trade imbalances and boost U.S. manufacturing, but it’s stirring up global trade tensions.
This tariff plan feels like a bold, aggressive play to shake up global trade and flex U.S. economic muscle. On one hand, it could pressure other countries into better trade deals and maybe bring some manufacturing back home, which is Trump’s goal. On the other, it’s a risky move—high tariffs could spike prices for consumers, disrupt supply chains, and spark retaliatory tariffs, potentially tanking global markets. The stock market’s already jittery, and with legal challenges looming (like the court ruling against some of his tariffs), this could either be a masterstroke or a mess. I’m leaning toward it causing more chaos than progress unless those trade deals come through fast.
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