#TrumpTariffs 🇺🇸 **Trump announces new tariffs “Liberation Day”**
• 25% on imports from Japan, South Korea, Tunisia, Malaysia, Kazakhstan…
• 30% on South Africa, Bosnia, Herzegovina
• Up to 40% on Laos and Myanmar
🚨 +10% additional for countries aligned with the BRICS
⏳ Effective date: August 1st. Possibility of negotiation before then to avoid or reduce surcharges.
🎯 Impact on markets
614-0– Significant drop in American indices (Dow down 600 pts at one point); tech & automotive under heavy pressure
770-0– Targeted nations have only reacted so far by expressing willingness to negotiate, notably Japan and Korea
🧩 To put in context:
923-0Trump is once again using the tariff strategy after his retreat in April (postponement of the initial deadline from April 2nd to July 9th), then pushed back to August 1st . 1149-0At the same time, the tariff threat of +10% targets certain “anti-American” countries supporting the BRICS .
• 25% on imports from Japan, South Korea, Tunisia, Malaysia, Kazakhstan…
• 30% on South Africa, Bosnia, Herzegovina
• Up to 40% on Laos and Myanmar
🚨 +10% additional for countries aligned with the BRICS
⏳ Effective date: August 1st. Possibility of negotiation before then to avoid or reduce surcharges.
🎯 Impact on markets
614-0– Significant drop in American indices (Dow down 600 pts at one point); tech & automotive under heavy pressure
770-0– Targeted nations have only reacted so far by expressing willingness to negotiate, notably Japan and Korea
🧩 To put in context:
923-0Trump is once again using the tariff strategy after his retreat in April (postponement of the initial deadline from April 2nd to July 9th), then pushed back to August 1st . 1149-0At the same time, the tariff threat of +10% targets certain “anti-American” countries supporting the BRICS .