#特朗普税改 Trump's Core Content of the 2025 Tax Reform Plan:

- Tariff Adjustments: On April 2, 2025, local time, Trump announced a 10% "baseline tariff" on all countries and personalized higher "reciprocal tariffs" on countries with the largest trade deficits with the United States. For instance, accumulated tariffs on China reach up to 104%, Vietnam 46%, Cambodia 49%, etc. At the same time, certain goods may be exempted, such as steel and aluminum products, automobiles, etc., which are subject to specific tariff constraints, as well as copper, pharmaceuticals, and more.