#TrumpTariffs Here’s the latest on #TrumpTariffs and their global ripple effects as of today (July 7, 2025):

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🔔 Key Developments This Week

1. 90‑Day Pause Ends — Higher Tariffs Reset August 1

The Trump administration set a July 9 deadline for trade deals or notifications will come via letters.

Without a deal, tariffs revert August 1 to the “Liberation Day” levels announced April 2—ranging from a 10% base up to 50–70% depending on country and product .

2. Letters to Trading Partners

About 100 letters will be sent to smaller nations (mostly already at 10%) and 12 letters to key partners outlining impending tariff hikes of up to 70% .

These include a mix of letters and existing trade agreements; some major deals (e.g., UK, Vietnam, China) are reportedly near completion .

3. Extra 10% Tariff on BRICS Supporters

Trump will impose an additional 10% tariff on any country “supporting anti‑American BRICS policies” — flagged via Truth Social ahead of the pause expiration .

The move