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BTCC / BTCC Square / Global Cryptocurrency /
Trump’s August 1 Tariffs Trigger Urgent Global Trade Talks

Trump’s August 1 Tariffs Trigger Urgent Global Trade Talks

Author:
Global Cryptocurrency
Published:
2025-07-07 22:09:02
21
3
BTCCSquare news:

The U.S. is set to impose country-specific tariffs starting August 1, 2025, as part of a hardened trade policy under the TRUMP administration. Commerce Secretary Howard Lutnick formalized the move, leaving trading partners until July 9 to finalize deals or face elevated import duties ranging from 10% to 50%.

Behind closed doors, negotiations are intensifying with 18 major trading nations linked to America’s trade deficit. India appears close to securing a mini trade agreement, while others scramble to avoid punitive measures. The looming deadline has injected urgency into diplomatic channels, with formal letters outlining the austere terms expected imminently.

|Square

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