{"content":"#TrumpTariffs As of today, July 7, 2025, former President Donald Trump has announced 25% tariffs on imports from Japan and South Korea, effective August 1. These tariffs are part of his broader push to renegotiate trade deals and address what he calls “non-reciprocal” trade relationships. Here’s a quick breakdown of the latest developments: 🧾 What’s Happening - Tariff Letters Sent: Trump posted letters to the leaders of Japan and South Korea on his Truth Social platform, notifying them of the new tariffs. - Warning Against Retaliation: The letters warned that any retaliatory tariffs would result in additional duties on top of the 25%. - BRICS-Related Tariffs: Trump also threatened an extra 10% tariff on countries aligning with the BRICS bloc, accusing them of “anti-Americanism”. 🌍 Global Reactions & Implications - Japan & South Korea: Both nations are key U.S. allies and major exporters of electronics and automobiles. These tariffs could significantly impact those sectors. - Markets & Businesses: U.S. importers are bracing for tighter margins, potential price hikes, and supply chain disruptions. - China & BRICS: China responded by defending BRICS as a cooperative, non-confrontational alliance and criticized the use of tariffs as coercion. #WCTToken pls follow me I will you back kind request 💗🍭😀🤗🤗🙂🙂🍌🍌🍌🍌","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/07/b86e0763a94ee71a03300f4ee59b4c36.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}