#TrumpTariffs

Here’s the latest on Trump’s tariff moves:

Trump has enacted sweeping new tariffs—raising steel and aluminum duties to 50%, and imposing 25–40% tariffs on countries like Japan, South Korea, and several Southeast Asian nations, targeting those seen as facilitating transshipment of Chinese goods . These tariffs are scheduled to begin August 1, with earlier deadlines extended .

Economic impacts include:

U.S. households facing an estimated $1,200–$2,300 in additional costs this year due to higher consumer prices .

GDP growth potentially reduced by 0.7%–6% and wages by about 5%, with long-run GDP loss up to 6% .

Mid‑sized companies burdened by $82 billion in extra costs, likely passed on to consumers .

Markets have shown surprising resilience—stocks are near highs despite volatility, but bond markets and supply chains reflect deeper strain and carry a cautionary tone .

Expectations for Fed moves have been complicated by tariff uncertainty—analysts worry about inflation, stagflation, and delayed rate decisions .

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Bottom line: Trump’s tariff strategy is aggressive and wide‑reaching. It may generate significant revenue but risks economic drag—higher consumer prices, strained supply chains, and slowed growth. Investors and policymakers are reacting, but broader impacts are likely to unfold in the months ahead.

Let me know if you want details on specific industries or Fed implications!