#TrumpTariffs Commodities and indices are in the red, the dollar is slightly stronger and gold is lower after President #Trump announced that tariffs will be imposed on each other on August 1.

Treasury Secretary Scott Bessent said that tariffs will return to April 2 levels for countries that have not reached agreements with the United States by that date. President Trump also announced that he will impose an additional $10% tariff on any country that supports the BRICS' anti-American policies.