#TrumpTariffs

🔹 Trump Tariffs: Snapshot

🧾 Inflation: May CPI at 2.4%. Some prices down, but tech and toys getting costlier.

⚖️ Economy: Tariffs may cut deficit by $2.8T but slow growth. Households could lose $22K (Penn Wharton).

📈 Manufacturing: Steel/aluminum up. Overall factory activity slipping.

🌐 Global: 2025 growth forecast at 2.3% (World Bank). Markets volatile — “TACO” trade.

🔨 New Tariffs: Steel/aluminum hiked to 50%. China talks eased rare-earth tensions, but tariffs stay.