#BinanceTurns8 Trump imposes new tariffs on 14 countries starting August 1.
The President of the United States, Donald Trump, imposes on this Monday, 7 new tariffs ranging from 25% to 40% on imported products from 14 countries. The rates will take effect starting August 1, according to the White House. The announcement was made one day after the Republican threatened with a 10% tax on nations that align with the BRICs, which includes Brazil, causing fluctuations in the market with the dollar rising globally and the American and Brazilian stock markets falling.