#TrumpTariffs

1. Tariffs Remain in Place via Court Rulings

A U.S. federal appeals court has ruled that Trump’s sweeping global and fentanyl-related tariffs will stay in effect while legal challenges proceed . This reinstates an emergency stay after a lower court moved to block them.

2. "Take‑it‑or‑Leave‑it" Tariff Strategy

Trump announced he will begin delivering formal notices to trading partners within weeks, setting unilateral tariff rates—20% for the EU, 46% for Vietnam, and others—if negotiations don't succeed .

3. Pause Extensions & China Truce

Treasury Secretary Bessent indicated the 90‑day tariff pause may be extended for 18 negotiating countries. Meanwhile, a truce with China was struck in London: U.S. will maintain a 55% merged tariff on Chinese goods while China eases rare-earth export controls for six months .

4. Inflation & Economics Outlook

Inflation ticked up slightly to 2.4% in May, partly due to tariff pressure. While overall inflation remains modest, analysts warn costs may rise further if tariffs persist .

---

🔍 What it all means

The tariffs remain legally in force—with scope to expand if talks falter.

Partial negotiations, like those with China, are getting structured—but lack full resolution.

Economists emphasize that broader inflationary effects may surface in the coming months.