Trump’s Tariff Threats Shake Global Markets

Donald Trump, the presumptive Republican nominee, announced a 25% tariff plan targeting countries that support the BRICS economic bloc or conduct major trade in yuan or rubles.

Global trade partners, including India, Brazil, and South Africa, voiced concern.

The European Union hinted at retaliatory tariffs and WTO complaints.

Stock markets saw sharp volatility; U.S. tech and manufacturing sectors anticipate increased costs if tariffs are enacted.

These moves are being interpreted as a revival of Trump’s “America First” agenda and could reshape trade dynamics if he wins in November.

Author: Global Ripple

Posted on: July 08, 2025