#TrumpTariffs *#TrumpTariffs* refers to trade tariffs proposed or imposed under former and current U.S. President *Donald Trump*, particularly in his 2017–2021 term and resumed in *2025* during his second presidency.
📦 Key 2025 Tariff Updates (as of mid-year):
1. *New Tariffs on China*
- *60% tariff on Chinese imports* proposed to protect U.S. manufacturing
- Targets: *EVs, solar panels, batteries, steel, and tech components*
2. *Global Tariff Framework*
- Push for a *universal baseline tariff* (e.g., 10%) on all U.S. imports
- Aimed at reducing trade deficits and reshoring industries
3. *Impact on Markets*
- *Stock markets:* Mixed reactions due to inflation risk vs domestic growth hopes
- *Crypto:* Some capital rotation into BTC/ETH as global trade fears grow
- *Commodities:* Agricultural and tech sectors remain highly sensitive
4. *Political Reactions*
- *Support:* Domestic industrial sectors, economic nationalists
- *Opposition:* Global trading partners, free-market advocates, U.S. tech giants
Want a breakdown of how Trump’s 2025 tariffs compare to his 2018–2019 ones or their potential impact on crypto?