#TrumpTariffs President Trump’s 2025 tariff policies have sparked global economic ripples. A federal appeals court upheld his sweeping tariffs, including a 145% levy on Chinese imports, after lawsuits challenged their legality. The Court of International Trade initially ruled against Trump’s authority, but a stay allows tariff collection during appeals. A US-China trade deal, pending signatures, may lower tariffs to 55% and secure rare earth mineral access. Tariffs doubled to 50% on steel and aluminum, exempting Britain. Critics, including Elon Musk, warn of recession risks, while businesses face higher costs and uncertainty, impacting consumers and global trade.
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