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Trump Plans to Impose Up to 70% Tariffs on Certain Countries, Effective August 1

Summary: According to reports, US President Trump plans to impose varying tariffs on different countries, ranging from 10%-20% to 60%-70%, starting from August 1, 2025. This move is expected to impact global trade structures and related markets.

According to reports, US President Trump plans to impose varying tariffs on different countries, ranging from 10%-20% to 60%-70%, starting from August 1, 2025. This move is expected to impact global trade structures and related markets.

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