What is happening with Trump's tariffs in 2025?

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📦 Key tariffs and measures

• Minimum tariff of 10% on all imports to the USA starting April 2025. For 57 countries, tariffs have risen to 11–50%.

• China: The USA imposed tariffs of up to 145%, China responded with 125% and restricted the export of rare earth metals.

• Canada and Mexico: Tariff of 25%, except for goods under the USMCA agreement.

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💸 Economic consequences

• Inflation: While it has slowed to 2.3%, an increase is expected due to rising import prices.

• Consumers: The average American family could lose up to $2,800 per year due to rising prices.

• Economy: Possible slowdown in US GDP growth by 0.7% and a decrease in employment.

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🌍 International reaction

• The USA and China agreed on a 90-day truce — a temporary reduction of tariffs.

• New trade agreements with the UK, Canada, and Mexico on a range of goods.

Conclusion: Trump's tariff policy is already affecting prices, the economy, and international relations. This is a significant moment in global trade — we are monitoring the developments!