📢 Trump’s New Tariffs Update – June 2025
🇺🇸 U.S. Raises Tariffs on China to 55%
Trump has announced a new trade deal framework with China, increasing total tariffs on Chinese imports to 55%. This includes:
✅ 10% base tariff
✅ 20% fentanyl-related penalty
✅ 25% existing tariffs
🇨🇳 China Responds
China agrees to export rare-earth minerals (used in EVs, electronics, defense) and the U.S. will ease student visa restrictions for Chinese citizens.
⚖️ Court Keeps Tariffs Active
A U.S. appeals court has upheld Trump’s sweeping tariffs while legal reviews continue. Key decisions are expected after July 8.
🌍 Other Tariff Moves
Trump may impose:
📱 25% on foreign smartphones
🇪🇺 50% on EU imports (negotiations ongoing)
⏳ Deadline
Tariff pause ends July 8. Trump is expected to send final letters to trade partners within days.
📊 Impact
Watch for volatility in markets tied to:
🔋 EVs & semiconductors
🌾 U.S.–China agri exports
📦 E-commerce (import costs)
