#TrumpTariffs

Trump's tariffs, imposed by U.S. President Donald Trump on a wide range of imported goods from China, Canada, Mexico, and other countries, have significantly impacted the U.S. and global economy. Here is a comprehensive look at their effects up to May 2025:

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📊 Key Economic Impacts

1. Rising Prices and Inflation

Although inflation in the United States slowed down in early 2025, experts expect price increases as current stockpiles run out. Some estimates suggest that American households may bear an additional burden of up to $2,800 this year due to price increases resulting from the tariffs.