Unilateral tariff threat: Trump is threatening to set unilateral tariffs within weeks, sending letters to trade partners and backing a total of 55% tariffs on Chinese imports .
Court ruling: U.S. appeals court has ruled these sweeping “Liberation Day” tariffs may remain in effect during the legal appeals, with oral arguments
📉 Economic Impact & Market Reaction
Economic warnings: Analysts and economists (including a former IMF official) caution that high tariffs, combined with tax cuts, could risk inflation, weaken the dollar, inflate deficits, and possibly trigger a recession later in 2025—comparing the situation to a “Greek tragedy” .
Inflation outlook: Although tariff-induced inflation hasn’t hit consumers yet, it is widely expected to emerge in the months ahead as stockpiled inventories deplete .$TRUMP #TrumpTariffs #Write2Earn #BinanceSquareTalks #BinanceSquareFamily #TrumpNFT