Trump’s renewed push for steep import duties—highlighted by a 10% base tariff and proposed 60–70% rates on Chinese goods—has reignited trade tensions in 2025. The effects of #TrumpTariffs are already visible: consumer prices are climbing, the S&P 500 saw a sharp 5% drop earlier this year, and businesses are warning of long-term supply chain disruption.

According to the OECD, U.S. GDP growth may slow to 1.6%, down from earlier forecasts, as tariffs act like a tax on American households and manufacturers. Meanwhile, trade partners such as the EU and China are considering retaliatory measures, increasing geopolitical risk and market uncertainty.

While the tariffs aim to protect domestic industry, they also bring real risks: inflation, trade isolation, and slower economic momentum. As negotiations continue, the world is watching whether protectionism will strengthen or strain the U.S. economy.