#TrumpTariffs

🔥 What is happening regarding #TrumpTariffs?

1. Wide emergency tariffs (IEEPA) + "Reciprocal Tariffs"

President Trump announced in April the "Day of Liberation" and imposed a 10% tariff on all imports using emergency powers (IEEPA).

He also imposed higher tariffs (up to 70%) on some countries as "reciprocal treatment", especially on steel, cars, and batteries.

U.S. courts halted some of these tariffs in May (V.O.S Selections ruling), but the tariffs on China (under Section 301) and steel/aluminum (under Section 232) remain in place.