talhafaiz01
0 Following
15 Followers
19 Liked
0 Shared
TariffPause
Here’s a concise 7-point summary of the current situation regarding the U.S. tariffs and their global impact:
1. 10% Universal Tariff: A new minimum 10% tariff applies to all imports into the U.S., including from the UK and EU, replacing previous lower or zero tariffs (e.g., under free trade deals with Australia, South Korea).
2. China Tariff Hike: Tariffs on Chinese goods rise from **104% to 125%**, with an additional **20% linked to fentanyl**, intensifying the U.S.-China trade war.
3. Paused Tariffs*: Higher tariffs (e.g., **46% on Vietnam, 20% on EU**) are suspended until **July**, offering temporary relief but keeping the 10% baseline.
4. Active High Tariffs:
- **25% on cars** (including UK exports).
- **25% on steel/aluminum** and related products (UK exported **$720M** in 2024).
- **25% on select goods from Mexico/Canada**, despite past trade deals.
5. Global Economic Risks:
- U.S. average import tariffs could reach **24–27%**, the highest in a century.
- Slowdowns in the U.S. and China (**43% of global GDP**) may harm worldwide growth.
6. UK Impact:
- **Lost advantage** over EU (both now face 10% tariffs).
- **$9B car exports** to U.S. hit by 25% tariff; **$2.9B metal products** also affected.
- Services exports (most UK-U.S. trade) remain tariff-free.
7. Uncertainty & Criticism: Economists warn Trump’s abrupt policy shifts (pausing/hiking tariffs) create instability, deterring investment and worsening global trade tensions.
#TrendingTopic #TrumpVsPowell #ChinaUS $
Here’s a concise 7-point summary of the current situation regarding the U.S. tariffs and their global impact:
1. 10% Universal Tariff: A new minimum 10% tariff applies to all imports into the U.S., including from the UK and EU, replacing previous lower or zero tariffs (e.g., under free trade deals with Australia, South Korea).
2. China Tariff Hike: Tariffs on Chinese goods rise from **104% to 125%**, with an additional **20% linked to fentanyl**, intensifying the U.S.-China trade war.
3. Paused Tariffs*: Higher tariffs (e.g., **46% on Vietnam, 20% on EU**) are suspended until **July**, offering temporary relief but keeping the 10% baseline.
4. Active High Tariffs:
- **25% on cars** (including UK exports).
- **25% on steel/aluminum** and related products (UK exported **$720M** in 2024).
- **25% on select goods from Mexico/Canada**, despite past trade deals.
5. Global Economic Risks:
- U.S. average import tariffs could reach **24–27%**, the highest in a century.
- Slowdowns in the U.S. and China (**43% of global GDP**) may harm worldwide growth.
6. UK Impact:
- **Lost advantage** over EU (both now face 10% tariffs).
- **$9B car exports** to U.S. hit by 25% tariff; **$2.9B metal products** also affected.
- Services exports (most UK-U.S. trade) remain tariff-free.
7. Uncertainty & Criticism: Economists warn Trump’s abrupt policy shifts (pausing/hiking tariffs) create instability, deterring investment and worsening global trade tensions.
#TrendingTopic #TrumpVsPowell #ChinaUS $
BinanceAlphaPoints
Binance Alpha Points represent a unique opportunity for traders and investors to tap into the platform's advanced trading capabilities. By leveraging these points, users can access exclusive features and tools that enhance their trading experience.
The benefits of Binance Alpha Points include priority access to new listings, exclusive trading pairs, and enhanced customer support. These perks can significantly improve trading outcomes and provide a competitive edge in the market.
Furthermore, Binance Alpha Points can be used to participate in token sales and other exclusive events. This allows users to get early access to promising projects and potentially lucrative investment opportunities.
To maximize the value of Binance Alpha Points, users should stay informed about market trends and platform updates. By doing so, they can make the most of the exclusive benefits and features available to them.
In conclusion, Binance Alpha Points offer a range of benefits that can enhance the trading experience on Binance. From priority access to new listings to exclusive trading pairs, these points provide a unique opportunity for traders and investors to stay ahead of the curve.
#BinanceAlphaPoints
Binance Alpha Points represent a unique opportunity for traders and investors to tap into the platform's advanced trading capabilities. By leveraging these points, users can access exclusive features and tools that enhance their trading experience.
The benefits of Binance Alpha Points include priority access to new listings, exclusive trading pairs, and enhanced customer support. These perks can significantly improve trading outcomes and provide a competitive edge in the market.
Furthermore, Binance Alpha Points can be used to participate in token sales and other exclusive events. This allows users to get early access to promising projects and potentially lucrative investment opportunities.
To maximize the value of Binance Alpha Points, users should stay informed about market trends and platform updates. By doing so, they can make the most of the exclusive benefits and features available to them.
In conclusion, Binance Alpha Points offer a range of benefits that can enhance the trading experience on Binance. From priority access to new listings to exclusive trading pairs, these points provide a unique opportunity for traders and investors to stay ahead of the curve.
#BinanceAlphaPoints
Login to explore more contents