#Tariff-ied yet? Trump’s global game of tax – and – burn !!
Trump's tariff, because.... why not tax everything?
#Tariff-ied yet? Trump’s global game of tax- and -burn !!US President Donald Trump shared tariff letters via social media on Monday that were sent to leaders of the 14 countries. He explained his new tariff plans in them and said the rates could go up or down, depending on how each country’s relationship with the US develops.
Most of the tariff amounts in the letters were similar to what Trump had mentioned in April, during what he called the “Liberation day” announcement, when he threatened new taxes on goods from many countries.
From steel to soyabeans, nothing escaped the great tariff tornado ….except logic !
By Namrata Mishra Tiwari Editor, India Input
An ‘X’ Handler tweets !
🚨President Donald Trump set a 25% tax on goods imported from Japan and South Korea, and announced new tariff rates on a dozen other nations which would go into effect on August 1.#DonaldTrump #US #Tariffs #TrumpTariffs #Tax #Japan #SouthKorea #Trade pic.twitter.com/E22eqqtgLV
— Moneycontrol (@moneycontrolcom) July 8, 2025
#Tariff-ied yet?
Trump says the goal of these tariffs is to protect American companies from foreign competition and to support US factories and jobs. However, many economists believe these steps will make things more expensive for American buyers and reduce trade.
An ‘X’ Handler tweets !
U.S. tariffs are expected to be high on the agenda as ASEAN foreign ministers meet in Kuala Lumpur this week.https://t.co/5BelgXeBNU
Here are the new tariff rates that Trump announced today. pic.twitter.com/Hrz9lAwPp4
— Nikkei Asia (@NikkeiAsia) July 8, 2025
#Tariff-ied yet?
Trump has delayed imposing higher tariffs on goods coming into the US from 14 countries, including Japan and South Korea. The development comes just as a 90-day pause on some of the toughest import taxes, put in place by the White House, was about to expire this week.
#Tariff-ied yet?
Trump had earlier said that the United States is close to finalizing a trade deal with India. This move is part of a larger effort to change global trade ties and use tariffs as a tool to increase US influence.
US president Donald Trump is set to take the final call on India-US trade deal. According to CNBC, India has already presented a final ‘decent offer’ from its side, which will be reviewed by the US President now. India’s proposal covers goods trade worth around $150 billion to $200 billion between the two countries. Now, it’s up to US officials to decide whether they want to continue negotiations or move forward with a deal as it stands. India is not expected to offer any more concessions at this point.
US Treasury Secretary Scott Bessent said on Sunday that the tariffs announced in April will be enforced starting August 1 for countries that haven’t finalized a deal with President Donald Trump’s administration.
An ‘X’ Handler tweets !
BREAKING 🚨 President Trump stuns the World by announcing TARIFF Letters will be sent to countries around the world starting Monday
Trump is the BEST Negotiator
TARIFFS WORK 🔥 pic.twitter.com/aZ2uwPAVCe
— MAGA Voice (@MAGAVoice) July 7, 2025
#Tariff-ied yet?
“President Trump’s going to be sending letters to some of our trading partners saying that if you don’t move things along, then on August 1, you will boomerang back to your April 2 tariff level,” Bessent said.
Trump repeated his warning that a 25% tariff could still be placed on goods from Japan and South Korea.
An ‘X’ Handler tweets !
Trump announces tariffs on Japan and South Korea. 25% each.
This is the reward they get for being loyal vassals. pic.twitter.com/udpdduQZHi
— ADAM (@AdameMedia) July 7, 2025
#Tariff-ied yet?
Asian nations push for US tariff concessions before August deadline. Powerhouse Asian economies Japan and South Korea said on Tuesday they would try to negotiate with the US to soften the impact of sharply higher tariffs that President Donald Trump now plans to impose from the start of August.
Trump ramped up his trade war again on Monday, telling 14 nations that they would face tariffs ranging from 25% for countries including Japan and South Korea, to 40% for Laos and Myanmar.
An ‘X’ Handler tweets !
HOLY SH*T 🚨 Donald Trump just announced an ADDITIONAL 10% TARIFF on any Country aligning with Anti American BRICS policies pic.twitter.com/9meoQXVder
— MAGA Voice (@MAGAVoice) July 7, 2025
However, with the start date pushed back to August 1, those countries were focusing on the new three-week window to press for an easier ride.
Courtsey :
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