#TrumpTariffs
🌍 Trump Tariffs – A New Turn in the Trade War and Its Global Impacts
After a round of negotiations in London and Trump's return to the White House, he unveiled a new package of tariffs aimed at tightening the economic grip of the United States. The following outlines are included:
🔸 55% Tariff on Chinese Imports: This includes previous and existing tariffs, along with new taxes related to chemicals used in fentanyl trade, while Beijing responds with a 10% tariff on American goods.
601-0🔸 Threat to Increase Tariffs on Cars: Warnings of new tariffs on car imports to stimulate American manufacturing, amid ongoing review of policies .
🔸 "Take It or Leave It" Messages Next Month: Trump intends to send letters linking the reduction of tariffs to securing agreements with countries like Japan, Korea, and the European Union before July 9, with the possibility of extending the deadline towards a final deal.
🔸 Partial Delay of Tariffs: The U.S. Treasury Secretary indicated openness to a temporary extension if negotiations continue seriously, but tariffs will automatically activate when the deadline expires, adding further uncertainty to the markets.
✳️ Global Impacts: Markets are reacting cautiously, as indexes like Dow Jones fell after the hint of new tariffs, while experts pointed to a potential negative impact on supply chains and global inflation.