#TrumpTariffs #TrumpTariffs – July 2025 Update
Former U.S. President Donald Trump has reiterated his commitment to imposing high tariffs on Chinese imports if re-elected in 2025. In recent rallies and interviews, he emphasized a universal baseline tariff, potentially 10% or more, and much higher duties on Chinese goods, aiming to protect U.S. industries and reduce reliance on China. This aggressive trade stance is reigniting fears of a new trade war, with economists warning of potential price hikes for American consumers and retaliation from China. Global markets are watching closely as Trump's tariff policies could significantly impact international trade dynamics.