Trump’s New Tariffs Disrupt Global Trade
President Trump is adding new taxes (up to 25%) on goods coming from Japan and South Korea, starting August 1, 2025. This comes after a 90-day break for trade talks that didn’t go well with many countries. Some, like the UK and Vietnam, made deals to avoid high tariffs, but others will face bigger costs. Trump also warned of more 10% tariffs on countries supporting BRICS, increasing global tensions.
Experts say these tariffs could make products more expensive in the U.S., costing families up to $2,000 more this year. Supporters believe the move helps the U.S. get better trade deals, but critics warn it may hurt the economy and global supply chains. Many are now watching to see how this affects trade around the world.
