#TrumpTariffs

🧾 Key Updates

1. 90‑Day Pause & Deadline Extension

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2. US–China Deal Framework

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3. Legal Status

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4. Market & Trade Impacts

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📊 Macro View

Focus AreaStatusGlobal Tariffs .CourtsAppeals court has temporarily reinstated tariffs blocked by the Court of International Trade; final verdict due by end of July .Revenue ImpactTariff revenue is surging—$69.6 billion collected through June 2, up ~79% YoY .

🔮 What to Watch

July 8–9 deadline for tariff pause—will it be extended again?

Outcome of negotiations with EU, Japan, South Korea, Mexico, Canada.

Appeals court ruling on July 31—potential to reshape tariff authority.

Implementation of U.S.–China framework and China’s six-month licensing plan.

In summary: Trump’s tariff policy remains aggressive and fluid—paused but likely to re-escalate around mid-July. Trade holds are being used as leverage, deals (with China & UK) are in progress, and legal challenges loom. Markets are reacting accordingly.