Brief by Shorts91 Newsdesk / 07:24pm on 09 Jul 2025,Wednesday International
US President Donald Trump has announced new tariffs on seven more countries, including Iraq, Algeria, and Sri Lanka. The new duties, up to 30%, start from August 1. Trump said these steps are needed to fix trade gaps. He also warned BRICS nations, including India, of a 10% tariff, accusing them of trying to harm the US dollar. “They will pay if they try to destroy the dollar,” he said. Trump added that countries moving production to the US could avoid tariffs. The move could raise global tensions ahead of the 2025 election. (PC: India Today)
