Trump announced: reciprocal tariffs will take effect tonight, and tens of billions of dollars will flow back to the United States.

U.S. President Trump issued a statement on his social media platform, announcing that his previously proposed "reciprocal tariff" measures will officially take effect at midnight tonight (Beijing time 12:00).

Trump stated that billions of dollars will begin to flow into the United States, primarily from countries that have taken advantage of the U.S. for years. He also emphasized that the only thing that can stop America from being great is a radical left court that wants to see the nation fail.

According to the implementation details of Trump's adjusted "reciprocal tariff" executive order released by U.S. Customs and Border Protection, starting from midnight Eastern Time on August 7, the United States will impose tariffs ranging from 10% to 41% on imported goods from 69 countries or regions. In addition, trading partners such as Canada and Mexico will face an additional 25% and 35% tariff.

Previously, the Trump administration had reached new trade agreements with several countries. For example, Japan agreed to increase its purchase of US agricultural products by $8 billion and will invest $550 billion in the US; South Korea will fully open trade with the US and accept American products including cars, trucks, and agricultural products; the European Union agreed to increase investments by $600 billion and purchase $750 billion worth of US energy products.

Trump's reciprocal tariff policy aims to attract companies to build factories in the United States and promote the return of manufacturing by imposing high tariffs, while exerting economic and political pressure on the international stage. However, some experts point out that the tariff policy may ultimately be passed on to American consumers, increasing their burden and potentially undermining the stability of the global trading system.

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