#TrumpTariffs
📊 Trump Tariffs: Impact on Global Trade
The new tariffs imposed by the Donald Trump administration are redefining the landscape of international trade. With a focus on protecting the American industry, these measures include:
🔹 10% tariffs as a baseline for more than 50 trading partners.
🔹 Progressive increases in key sectors such as cars, steel, and aluminum.
🔹 Impact on the U.S. GDP, with an estimated reduction of 0.7% by 2025.
🔹 Cost to American households, with an average tax increase of $1,190 by 2025.
While Trump has secured an agreement with China to reduce some tariffs and eliminate retaliatory measures, the market remains attentive to the effects of these policies on the global economy.
💬 How do you think these tariffs will affect international trade?