#TrumpTariffs Trump Just Shook Global Trade with New Tariffs! ๐จ๐ฅ
๐ข BREAKING: Trump just unleashed a massive Reciprocal Tariff Plan, shaking up global markets! Stocks are already bleeding as the U.S. slaps new import duties ๐ณ๐
๐ฅ Starting tomorrow:
๐น 10% baseline tariff on ALL imports
๐น 25% auto tariffs
๐น Computers (laptops, desktops, etc.) now included! โ Thatโs $138.5B worth of imports hit in 2024 alone ๐ฑ
๐ฅ Country-Specific Tariffs:
๐จ๐ณ China โ 34% ๐ฎ๐ณ India โ 26% ๐ต๐ฐ Pakistan โ 30% ๐ป๐ณ Vietnam โ 46% ๐ฑ๐ฐ Sri Lanka โ 44% ๐ฐ๐ญ Cambodia โ 50% ๐ช๐บ EU โ 20% ๐ฌ๐ง UK โ 10% ๐ฏ๐ต Japan โ 24% ๐ฐ๐ท South Korea โ 25%
๐ง๐ท Brazil โ 10% ๐จ๐ญ Switzerland โ 31% ๐ฟ๐ฆ South Africa โ 30% ๐ฎ๐ฑ Israel โ 17%
๐ Market Reaction:
๐ป S&P 500 already down 4% after the announcement!
๐ป Trump: โTariffs will bring back jobs, factories, and lower prices for Americans.โ
๐ป Big question: Will crypto be the next safe haven? ๐
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