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$TRUMP
📰 #TrumpAnnouncesNewTariffs — Breaking News
🚨 President Donald Trump has unveiled a new round of global tariffs after a major Supreme Court setback. After the court struck down his previous broad tariff regime, Trump immediately signed a new executive order imposing a 10 % tariff on most imported goods, set to last up to 150 days under U.S. trade law. 🇺🇸
📈 Trump has also declared intentions to raise this tariff to 15 %, arguing that it’s needed to protect American industries and address trade imbalances — despite legal challenges and mounting criticism at home and abroad.
🌍 Global reactions are emerging: • China has urged the U.S. to halt unilateral tariff moves.
• Australia is reviewing options after condemning the tariffs as “unjustified.”
• European markets remain cautious, with stock markets and trade officials digesting the shift.
⚖️ Domestic fallout: Governors from New York, Illinois, and California have demanded tariff refunds, calling the policy burdensome for households and small businesses.
💬 Trump defended his tariff strategy, even claiming tariffs could eventually replace income tax revenue and bolster U.S. economic strength.
📲 Stay tuned for more updates as this developing trade policy story continues to unfold. #TradeWar #Economy #GlobalMarkets