#TRUMP Hints at New 10-15% Tariff on Over 150 Smaller Countries 🌍

President Trump has revealed plans to impose new tariffs of 10-15% on goods from over 150 smaller countries, with a formal notice to be sent out soon 📈. This move follows a series of other tariffs, including 50% on Brazil, 19% on Vietnam, 25% on Canada, and 30% on the EU. The announcement, made during a Real America’s Voice interview, could cause major economic shifts, especially as markets prepare for the August 1 deadline for Trump's earlier tariffs.

The plan is expected to be similar to previous tariff threats made earlier in the year, which were later paused after market instability. While the final tariff rates are still pending, the notice will outline the new duties for each country 🔔.

India May Be Shielded From Tariffs 🇮🇳

Amidst the looming tariffs, India seems in a favorable position. Trump recently hinted that the US-India trade deal is "very close" 🤝, with negotiations likely to offer India protection from the new blanket tariffs. India and the US are working toward an interim trade agreement, expected to be signed before the August deadline.

Experts suggest that this deal could mirror the US-Vietnam agreement, meaning higher-than-expected tariffs might apply to India as well, though less severe than the global 10% base rate 🔼. The successful agreement would likely ease concerns for Indian exporters, particularly in sectors like pharmaceuticals and agriculture 🌾.

Why This Matters

As global trade dynamics evolve, countries are scrambling to finalize agreements to avoid hefty tariffs 🛑. India’s potential trade deal with the US could provide a strategic advantage, shielding it from unpredictable tariff increases and helping its exporters remain competitive on the global stage 🌍.

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