$TRUMP As of late April 2025, President Donald Trump's sweeping tariff policies have significantly impacted the U.S. economy. The introduction of a 10% baseline tariff on all imports, with higher rates on specific goods, has led to increased production costs for major companies like Shein, Target, and Ford, prompting price hikes across various sectors. These tariffs have also contributed to a sharp decline in consumer confidence, reaching its lowest point since May 2020. Financial markets have reacted negatively, with the Dow Jones Industrial Average experiencing significant volatility. Analysts warn that these protectionist measures could lead to a recession, with projections indicating a potential loss of 770,000 jobs by the end of the year.