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📢President #TRUMP# announced new reciprocal tariffs that will take effect on August⚠️
➡️The countries include:
●Canada: Tariffs increased from 25% to 35%.
●Switzerland: 39%
●South Africa: 30%
●Taiwan: 20%
●Vietnam: 20%
●Cambodia: 19%
●Thailand: 19%
●Malaysia: 19%
●Indonesia: 19%
●Turkey: 15%
●Venezuela: 15%
➡️These are part of Trump's broader trade policy aimed at restructuring trade relations and reducing the US trade deficit.📉
● Although some of these tariffs were announced earlier, the August 1 date is the deadline for them to take effect.🗓
● At this time, other countries such as India and Brazil are also facing new tariffs.🤷♂️
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