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š¢President #TRUMP# announced new reciprocal tariffs that will take effect on Augustā ļø
ā”ļøThe countries include:
āCanada: Tariffs increased from 25% to 35%.
āSwitzerland: 39%
āSouth Africa: 30%
āTaiwan: 20%
āVietnam: 20%
āCambodia: 19%
āThailand: 19%
āMalaysia: 19%
āIndonesia: 19%
āTurkey: 15%
āVenezuela: 15%
ā”ļøThese are part of Trump's broader trade policy aimed at restructuring trade relations and reducing the US trade deficit.š
ā Although some of these tariffs were announced earlier, the August 1 date is the deadline for them to take effect.š
ā At this time, other countries such as India and Brazil are also facing new tariffs.š¤·āāļø
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