#TrumpTariffs 🇺🇸 Trump Announces "Take It or Leave It" Tariffs for Trade Partner Countries
What was announced? Trump stated that he will soon send letters to dozens of countries—approximately 15–150—informing them that the new U.S. tariffs are "take it or leave it": accept these rules or leave. A base tariff of 10% has been in effect since April, and additional "retaliatory" tariffs will be imposed. For example: European Union 20%, Vietnam 46%.
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🧊 “Liberation Day” Tariffs: Legal Status
The "Liberation Day" tariffs (10% base + special country tariffs) were launched in April 2025 under emergency authority of IEEPA.
The lower court annulled most of these tariffs as exceeding presidential authority.
However, the Appeals Court temporarily allowed these tariffs to take effect while the appeal process is ongoing.