#TrumpTariffs

Latest Developments (June 2025)

Campaign Policy Paper: Trump’s team released a "Trade War 2.0" memo, outlining:

Revoking China’s "Most Favored Nation" status (MFN = ~2% tariffs → ~40% overnight).

Banning imports of Chinese IoT devices (e.g., Huawei, Xiaomi).

Taxing US companies’ overseas profits at 15% if they offshore jobs.

Political Momentum:

Trump leads Biden in swing-state polls (53% vs. 45% in Georgia, Pennsylvania).

GOP-controlled House drafting legislation to fast-track tariffs if Trump wins.