🔥 President Donald Trump announced new tariffs on 12 countries starting from August 1st. The new tariffs for 7 countries have been announced as follows:
• 25% tariff on Japan, South Korea, Malaysia, and Kazakhstan
• 30% tariff on South Africa
• 40% tariff on Laos, Myanmar
🟢 With Trump's personality, if the above countries do not agree to sit down for negotiations but impose retaliatory tariffs, the above tariff rates are likely to be increased by Trump.
🟢 According to information from the White House, 14 countries have received tariff notice today, and this list will continue to expand in the coming days. The U.S. Secretary of the Treasury also stated that the next few days will see a series of rapid trade announcements.