Trumpโs reciprocal tariffs are now set to take effect on August 1, 2025, targeting countries without new trade deals.
๐น Tariffs: 10โ50% on imports
๐น Aimed at forcing trade agreements
๐น Some deals reached (UK, Vietnam, partial China)
๐น Others at risk of heavy duties
Expect global trade tensions to rise fast. ๐ฅ