Short News View Non-AMP

Trump Teases New Reciprocal Tariffs to Level Global Trade Playing Field

Published by
Nidhi Kolhapur

President Donald Trump teased on Truth Social Thursday a new round of reciprocal tariffs, aiming to match the higher rates other countries charge on American imports. He described it as “THE BIG ONE” in his post, calling it a key step to “MAKE AMERICA GREAT AGAIN.” Reciprocal tariffs were a key part of Trump’s campaign. He wanted to create a fairer trading system by imposing tariffs (taxes) on goods from other countries that charge high tariffs on U.S. products. The tariffs are expected to impact developing countries the most, particularly India, Brazil, Vietnam, and other nations in Southeast Asia and Africa. These countries have some of the widest differences between the tariff rates they charge on US goods and what the US charges them.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

XRP Lawsuit: Ex-SEC Lawyer Reveals If Ripple Has Already Paid The $125 Million Fine

As the Ripple vs SEC legal battle nears its next important deadline on August 15,…

August 6, 2025

XRP Price News: Analyst Warns of 60% Crash

XRP has recently shown some strong short-term moves. A crypto analyst has warned that despite…

August 6, 2025

Ethena Whales Accumulates 1B Tokens: What’s Next for ENA Price?

Ethena (ENA) price has struggled to rally beyond 69 cents in the past few days.…

August 6, 2025

SEC Says  LSTs Are Not Securities: What’s the Impact on Spot Crypto ETFs?

The Securities and Exchange Commission (SEC) through its Division of Corporation Finance has issued a…

August 6, 2025

SEC Declares Some Liquid Staking Activities Are Not Securities in Key Crypto Guidance Update

The U.S. Securities and Exchange Commission (SEC) has released new guidance clarifying that certain liquid…

August 6, 2025

Michael Saylor Doubles Down on Bitcoin as the ‘Bridge to Tomorrow’

Michael Saylor has once again stirred excitement in the crypto space with a powerful post…

August 5, 2025