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- Billions of dollars in tariffs are flowing into the United States of America
- The United States and South Korea have agreed to a Full and Complete Trade Deal.
- South Korea will provide $350 billion for US-owned and controlled investments selected by the President.
- South Korea will purchase $100 billion in LNG or other energy products.
- South Korea will invest a significant sum for their own purposes, to be announced within two weeks during a bilateral meeting at the White House.
- South Korea will be completely open to trade with the United States, accepting American products including cars, trucks, and agriculture.
- A 15% tariff will be applied to South Korea, while America will not be charged a tariff.
- The new President of South Korea, Lee Jae Myung, is congratulated on his electoral success.
- A trade agreement has been reached with the Republic of Indonesia.
- Indonesia will eliminate 99% of its tariff barriers for American industrial, tech, and agricultural products.
- The United States will sell American-made products to Indonesia at a zero tariff rate.
- Indonesia will pay a 19% tariff on all of their products coming into the U.S.A.
- Indonesia will supply the United States with critical minerals.
- Indonesia will sign deals worth tens of billions of dollars to purchase Boeing Aircraft, American Farm products, and American Energy.
- This deal is a significant win for U.S. automakers, tech companies, workers, farmers, ranchers, and manufacturers.
- The United States has been 'ripped off' on trade for decades.
- The United States has been 'ripped off' on military arrangements for decades.
- These arrangements have cost the U.S. 'trillions of dollars'.
- The current situation is unsustainable and never was sustainable.
- Other countries should recognize they have had a 'free ride' from the U.S.
- The U.S. must now act to do what is 'right for America', and other countries should understand this.
- The United States has a long-term, large, and persistent trade deficit with the European Union.
- The trade deficit is caused by European Union tariffs and non-tariff barriers, making the relationship non-reciprocal.
- Effective August 1, 2025, the U.S. will charge a 30% tariff on all European Union products sent into the United States.
- Goods transshipped to evade higher tariffs will be subject to those higher tariffs.
- No tariffs will apply if European Union companies decide to build or manufacture products within the United States.
- The U.S. will facilitate quick approvals for European Union companies manufacturing within the United States.
- The European Union is expected to allow complete, open market access to the United States without U.S. tariffs.
- If the European Union retaliates by raising its tariffs, that amount will be added onto the 30% U.S. tariff.
- These tariffs are necessary to correct the many years of European Union Tariff and Non-Tariff Policies and Trade Barriers.
- The large and unsustainable trade deficits against the United States are a major threat to the U.S. economy and national security.
- The United States will charge a 30% tariff on all Mexican products starting August 1, 2025.
- The tariffs are being imposed due to Mexico's failure to stop drug cartels and the flow of fentanyl into the United States.
- Cartels are attempting to turn North America into a 'Narco-Trafficking Playground'.
- Goods transshipped through Mexico to evade higher tariffs will be subject to the higher tariff.
- If Mexico decides to raise its tariffs, the US will add that increase to its 30% charge.
- Companies can avoid tariffs by building or manufacturing products within the United States.
- The flow of fentanyl is not the only challenge; unsustainable trade deficits are a major threat to the US economy and national security.
- The United States has a significant and persistent trade deficit with Sri Lanka.
- The trade deficit with Sri Lanka is described as unsustainable and a major threat to the U.S. economy and national security.
- The trade relationship between the United States and Sri Lanka has not been reciprocal.
- Starting August 1, 2025, the U.S. will charge Sri Lanka a 30% tariff on all Sri Lankan products sent into the United States.
- Goods transshipped to evade higher tariffs will also be subject to the higher tariff.
- The 30% tariff is presented as less than what is needed to eliminate the existing trade deficit.
- Sri Lankan companies can avoid tariffs by deciding to build or manufacture products within the United States.
- The U.S. will facilitate quick, professional, and routine approvals for Sri Lankan companies choosing to manufacture within the U.S.
- If Sri Lanka raises its tariffs, the U.S. will add that amount on top of the 30% tariff already charged.
- The United States has a significant and persistent trade deficit with Libya.
- The United States will impose a 30% tariff on all Libyan products imported into the U.S. starting August 1, 2025.
- Goods transshipped to evade U.S. tariffs will be subject to higher tariffs.
- Tariffs will not be applied to products manufactured by Libya or Libyan companies within the United States.
- Any tariffs raised by Libya will be added to the U.S.'s 30% charge.
- The trade deficits are an unsustainable threat to the U.S. Economy and National Security.
- The United States has a significant trade deficit with Moldova due to non-tariff, policies, and trade barriers.
- Beginning August 1, 2025, the US will implement a 25% tariff on all Moldovan products imported into the United States.
- Goods transshipped to evade higher tariffs will be subject to higher tariff rates.
- No tariff will be applied if Moldova or companies within Moldova decide to build or manufacture products within the United States.
- If Moldova raises its tariffs, the additional amount will be added to the 25% tariff charged by the US.
- The unsustainable trade deficits are a major threat to the US Economy and National Security.
- The United States has a significant and unsustainable trade deficit with Brunei.
- The US-Brunei trade relationship is unilateral and far from reciprocal.
- Starting August 1, 2025, the US will charge a 25% tariff on all Bruneian products imported into the United States.
- Goods transshipped to evade higher tariffs will be subject to that higher tariff.
- There will be no US tariff if Brunei, or companies within Brunei, decide to build or manufacture products within the United States.
- If Brunei raises its tariffs, an additional amount will be added to the 25% US charge.
- Brunei's tariffs, non-tariff policies, and trade barriers are causing unsustainable trade deficits.
- The trade deficit is a major threat to the US Economy and National Security.