🔥 "Trump Teases Big Trade Win with India—But Hits 14 Nations with Massive Tariffs! 🌍🇮🇳
- MediaFx
- 10 hours ago
- 2 min read
TL;DR: Trump says a trade deal with India is just around the corner 🤝, even as he slaps hefty 25–40% “reciprocal” tariffs on 14 countries—including Japan, South Korea, Thailand, Myanmar and more—starting August 1. He’s also extended his July 9 deadline to August 1, pushing nations to hurry and strike deals. This bold move jolted global markets, with U.S. stocks dipping and currencies shifting. Analysts warn of inflation, strained diplomacy, and consumer impact. Markets now await final word on India, EU and China deals…
💥 What’s the big deal?
🎯 Tariff blitz: From August 1, 14 countries face 25–40% tariffs unless they clinch deals with the U.S.
Japan & South Korea: 25%
Laos & Myanmar: 40%
Cambodia & Thailand: 36%
Indonesia: 32%
Serbia & Bangladesh: 35%
South Africa & Bosnia: 30%
Deadline moved from July 9 to August 1—giving one extra month for frantic trade negotiations.
Devils in the letters: Trump warned that if any country retaliates, he’ll hike U.S. tariffs even more.
🇮🇳 India in focus
Trump told reporters he’s “close to making a deal with India” 🛠️, echoing similar claims about the UK and China.
Negotiators recently met in Washington, but sticking points include agriculture, dairy, and tariffs on each other’s goods.
In February, PM Modi visited the White House to discuss boosting trade to USD 500 billion by 2030 under “Mission 500.”
📈 Market impact & global vibes
Wall Street tumbled: Dow fell around 422 points (0.94%), S&P 500 dropped 0.79%, and Nasdaq slid 0.92%.
Asian markets mixed: Nikkei gained 0.36%, Kospi up 0.44%, Hang Seng rose 0.8%.
Rupee edged up: India’s currency strengthened slightly amid the mixed trade news.
🔍 Why this matters for youth and workers
📦 Rising prices alert: Higher tariffs often mean costlier goods—bad news for shoppers and blue-collar budgets.
⚙️ Job angle: Trump says these moves will boost U.S. manufacturing jobs, but critics worry global supply chains will suffer.
🛑 Diplomatic friction: Key allies (Japan, South Korea, EU) see this as aggressive protectionism—some might hit back with trade retaliations.
🧭 What’s next?
Date/Region | Key Step |
By Aug 1 | Countries must finish deals or pay tariffs |
India, EU, China | Still in talks — high stakes final push |
Post-Aug 1 | Watch for market reactions & inflation trends |
🎥 Latest video highlight
‘Close To Making Deal With India’: Trump Amid Tariff Threat to 14 Nations
🗣️ MediaFx says:
From the people’s perspective, these tariffs might sound tough, but they can hurt workers—from farmers facing costlier tools to youth paying more for gadgets or bikes. If the India deal truly benefits ordinary people, not just big corporations, then great. But if it ignores crop prices or small industries, we’ve got to push for fairness and equality—so growth helps all, not a few.
Let’s keep the convo going—drop your thoughts below! Are you hopeful about the India deal? Worried about prices? 💬
