🇺🇸 Quick Take: Trump’s Tariff Shake-Up (May 14, 2025)
Just catching up on today’s big news—Trump just slashed China tariffs 👀
🔻 What Changed:
General China import tariffs: 145% ➝ 30% (90-day window)
Under-$800 shipments: 120% ➝ 54%
Basically: less pressure at the ports—for now.
📉 Market Reactions:
Gold down: $3,226 (-0.7%)
BTC: $103K (-1.12%)
ETH: $2,586 (-1.02%)
BNB: $652 (-1.64%)
Markets are cooling off with the trade tension easing.
🔍 Real-World Ripples:
Temu / Shein might get pricier
Coke & Jim Beam struggling overseas
Hollywood on edge with a proposed 100% tariff on foreign films 🎬
🖼️ For the Visuals:
•📊 Quick tariff trend graph
•🇺🇸 vs 🇨🇳 trade heatmap
•Trump announcement shot