#TrumpTariffs
Trump’s 2025 Tariff Proposal: Key Details
Universal Baseline Tariff:
10% across-the-board tariff on all imports (up from current avg. of ~2%).
Goal: Force manufacturing reshoring, punish "unfair trade partners."
Targeted High Tariffs:
China: Up to 60% on select goods (vs. current 7.5–25%).
Electric Vehicles (EVs): 100% tariff (already implemented by Biden in May 2025).
Steel/Aluminum: 25% (reinstated in 2025).
"Ringfencing" Key Industries:
Semiconductors, Pharma, EVs: Extra protections to block Chinese competition.