#TrumpTariffs

Global markets react to rising trade tensions 🌍

President Trump has imposed **total tariffs of 55% on Chinese goods**, combining the new announced taxes and existing duties. 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**.

✅ Tariff 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 United Kingdom are already feeling the repercussions, facing significant declines in exports and a tightening of economic conditions.