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Latest tariff data compilation update! The first wave of market fluctuations has begun.
At 7:00 AM, Trump fired at the world as promised.
The White House issued a tariff statement. Countries are divided into three categories:
1. A global universal tariff of 10% will be maintained (all countries exporting to the United States must pay a minimum "entry tax" of 10%).
2. Countries with a trade surplus with the United States will face tariffs of 15% or higher (for countries with a trade surplus with the United States, the starting tariff is 15% or even higher).
3. Countries that have not reached agreements with the United States and have a large trade deficit in goods tend to have higher tax rates.
India: 25%
Switzerland: 39%
South Africa: 30%
Canada: 35%
The two countries that reached an agreement at the last minute—Thailand and Cambodia—were subjected to a 19% tariff.
Others are as shown, but more details are yet to be announced, including details on raising tax rates for certain exported goods that are transshipped or passing through other countries.
A series of tariff news will come one after another, potentially impacting the recent market trends. Brothers, please be prepared for strategy adjustments; this is not a "one-off transaction," but the beginning of the first wave of fluctuations.