#TrumpTariffs #DayTradingStrategy Here’s the latest on Trump’s tariff policies:
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📌 What’s currently happening
New “reciprocal” tariffs of 25–40% are set to take effect August 1, 2025, targeting 14 countries—including Japan, South Korea, Malaysia, Indonesia, Bangladesh, Serbia, Cambodia, Thailand, Myanmar, Laos, South Africa, Bosnia & Herzegovina, Kazakhstan, Tunisia—as part of Trump’s ongoing trade agenda .
Tariffs include 25% on Japan/South Korea, up to 40% on Myanmar and Laos, and 30–36% on several others, sent via formal letters posted on Trump’s Truth Social channel .
Trump also threatens an extra 10% tariff on any country aligned with the BRICS coalition .
These are part of a broader escalation—labeled “Phase 2” of his 2025 trade offensive—building on universal tariffs announced in April under IEEPA and existing Section 232 duties .
While some tariffs were paused in April (“Liberation Day” tariffs), they’ve been reinstated now, with a new push to finish trade deals before August 1 .
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Why now—and what it means
Goal: Trump frames these tariffs as tools to fix longstanding trade imbalances and protect U.S. industries and national security .
Markets: The announcement rattled markets—Dow fell ~422 points, S&P 500 dropped about 0.8%, Nasdaq down 0.9%—with emphasis on global stocks sensitive to trade policy .
Negotiation window: Countries have until August 1 to negotiate exemptions or trade deals before tariffs kick in .
Legal status: Some earlier measures (like the “Liberation Day” tariffs) were struck down by courts, citing limits on Trump’s emergency powers under IEEPA—but Section 232 and 301 tariffs remain in place .
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Broader context
Scale: Since April, the U.S. average tariff has soared to ~27%, up from ~2.5% at the start of the year—characterizing the sharpest rise in a century. Recent rollbacks bring it down modestly (~15.8% by June) .
Economic effects: Analysts warn this could raise living costs for U.S. households (by around $1,200