#TrumpTariffs

Donald Trump has announced a new trade framework with China, keeping a 55% tariff on Chinese imports while China imposes 10% on U.S. goods. The deal includes China resuming rare-earth exports and the U.S. easing student visa restrictions. It's pending final approval from Trump and President Xi.

In a bold move, Trump also said the U.S. will issue “take-it-or-leave-it” tariff terms to key allies like the EU, Japan, and South Korea within two weeks—abandoning prolonged negotiations.

Markets showed a muted reaction. Treasury yields dipped slightly, and May’s CPI came in at 2.4%, signaling inflation stability.

This marks a shift toward a more unilateral and aggressive trade stance, with Trump aiming to dictate terms rather than negotiate—reshaping how America handles global trade.