US Imposes High Import Tariffs on 14 Countries Starting August 1, 2025
Effective August 1, 2025, the US imposes high import tariffs on 14 countries in a major trade policy shift. The Biden administration announced the tariffs as part of a “domestic industry protection plan,” sparking concern from global trade partners. The affected countries include China, India, Vietnam, Brazil, Mexico, Turkey, Indonesia, Thailand, Malaysia, South Africa, Russia,
Trump Threatens 100% Tariff on BRICS Countries Over New Currency Plans
Former President Donald Trump recently issued a stern warning to the BRICS countries—Brazil, Russia, India, China, and South Africa. He threatened to impose a 100% tariff on goods from these nations if they proceed with plans to create a new currency. The threat has sparked international attention, particularly regarding its implications for global trade and