#TrumpTariffs

📦 Trump Tariffs – Tax rates that could reshape the global economy

In May 2025, former President Donald Trump announced a plan to impose a minimum import tax of 10% on all foreign goods, and a 60% tax specifically on China if re-elected.

📉 Goal: Protect domestic production, reduce trade deficit

⚠️ Impact: Increased consumer prices, risk of a second trade war

🏭 American businesses divided – manufacturing benefits, but imports struggle

Experts warn: consumers and small businesses will be the first to suffer.

However, Trump's supporters argue that this is a strategic move to force China to concede in trade negotiations.

👉 Follow me for updates on policies that could shift the global financial – crypto – commodity markets!