#TrumpTariffs President Trump's tariff policy for 2025 has triggered global economic fluctuations. The federal appeals court supports his comprehensive tariffs, including a 145% tariff on Chinese imports, following lawsuits that questioned its legality. The International Trade Court initially ruled that Trump did not have the authority to implement this, but a stay of execution allows tariffs to continue during the appeal process. The US-China trade agreement is pending, which may reduce tariffs to 55% and ensure a supply of rare earth minerals. Tariffs on steel and aluminum have doubled to 50%, with the UK exempted. Critics, including Elon Musk, warn of recession risks as businesses face higher costs and uncertainty, affecting consumers and global trade.