#TrumpTariffs as of June 13, 2025:
🇺🇸 #TrumpTariffs back in the spotlight
On June 13, Trump confirmed plans to impose a 10% general tariff on all imports and 60%+ on Chinese goods in case of victory. This has already impacted the markets:
📉 Dow Jones dropped by -1.4%
🚘 Tesla and Apple prepare for rising costs
📦 Business warns of risks of a new wave of inflation
China is currently holding back on responses but may implement mirror measures. Markets are watching.
Are we returning to a trade war?