#BinanceTurns8 From August 1, 2025, tariffs of between 25% and 40% will be imposed on imports from the following countries:
Country New Tariff Rate Japan, South Korea, Malaysia, Kazakhstan, Tunisia 25% South Africa, Bosnia and Herzegovina 30% Indonesia 32% Bangladesh, Serbia 35% Cambodia, Thailand 36% Laos, Myanmar 40%> These tariffs are "reciprocal," according to the White House, meaning they reflect the trade barriers these countries impose on US exports.
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*🕊️ Why now?*
- Trump described April 2, 2025, as "Liberation Day," when he first announced the tariffs.
- After negative market reactions, implementation was suspended for 90 days, then extended until August 1.
- Trump declared: "There will be no further extensions. Everything will take effect on August 1st."⁽³⁾.#BTCWhaleMovement