#TrumpTariffs

#TrumpTariffs Trump's new push for steep import costs—emphasized by a basic tariff of 10% and proposed tariffs of 60–70% on Chinese goods—has ignited trade tensions in 2025. The effects of #TrumpTariffs are already visible: consumer prices are rising, the S&P 500 has experienced a sharp decline of over 5% earlier this year, and businesses are warning of long-term supply chain disruptions.

According to the OECD, US GDP growth may slow to 1.6%, down from previous estimates, as tariffs act like a tax on American households and producers. Meanwhile, trading partners like the EU and China are considering retaliatory measures, increasing geopolitical risks and market uncertainty.

While tariffs aim to protect domestic industries, they also carry real risks: inflation, trade isolation, and slower economic momentum. As negotiations continue, the world is watching whether protectionism will strengthen or burden the US economy.