#TrumpTariffs Global markets react to rising trade tensions 🌍

Trump has imposed total tariffs of 55% on Chinese goods, combining the newly announced taxes with existing tariffs. Although a framework agreement was reached with China during talks in London, the lack of clear details leads to uncertainty in global markets.

✅ Rare earths & magnets:

China has agreed to deliver critical materials immediately, but only for a limited period of six months.

✅ Customs duty suspension deadline:

The current 90-day suspension of the most severe tariffs is set to expire on July 9, with ongoing negotiations involving 18 major trading partners.

✅ Economic impact:

Countries like the UK are already feeling the repercussions, facing significant declines in exports and tightening economic conditions.

💬 Will this move strengthen the influence of the United States or deepen global economic pressure?