#TrumpTariffs

This week, President Trump’s tariffs sparked global economic shifts. The U.S. and China agreed to a 90-day tariff truce, slashing U.S. tariffs on Chinese goods from 145% to 30% and China’s from 125% to 10%, boosting markets but leaving uncertainty. The U.S. cut its "de minimis" tariff on Chinese parcels from 120% to 54%. Talks continue with the UK and Switzerland to ease trade barriers. However, a 10% universal tariff remains, and inflation fears linger as April’s CPI report looms. Small businesses face challenges, while Big Tech like Nvidia may benefit 💸