#TrumpTaxCuts As of April 28, 2025, the Trump administration has imposed extensive tariffs. A universal 10% tariff on imports has been in effect since April 5, and increased rates of up to 54% have been set for 60 countries, including China, India, and the EU. Additional duties have been introduced on countries purchasing oil from Venezuela. These measures have already reduced imports from China by 60%, caused price increases in the USA, and threatened small businesses. In response, China has imposed tariffs of up to 125% on American goods. Trump's policies have intensified trade tensions, provoking international criticism and internal divisions in the USA. Experts anticipate further deterioration of global trade relations.