#TrumpTariffs 🛑 Tariff Pause Extended

Trump extended the 90-day pause on “reciprocal” tariffs—originally set to end July 9—until August 1 .

📨 14 Countries Targeted

Leaders from 14 nations—including Japan and South Korea—received “tariff letters” warning of new duties effective August 1 if trade deals aren’t finalized .

📈 Tariff Rates By Country

25%: Japan, South Korea, Malaysia, Kazakhstan, Tunisia

30%: South Africa, Bosnia-Herzegovina

32–40%: Indonesia (32%), Bangladesh & Serbia (35%), Cambodia & Thailand (36%), Myanmar & Laos (40%)

⚖️ Threat & Leverage

Trump emphasized these tariffs could escalate if countries retaliate but also offered flexibility: removing their own barriers could lead to tariff relief .

💥 Market Reaction

Global markets reacted with volatility—U.S. stocks dropped, recovered, and dipped again once details surfaced .