📰 Latest Update: As of August 1, 2025, new tariffs kick in for dozens of nations, with rates between 20%–41%, and select sectors hitting up to 145%. China’s imports now face approximately 55% tariffs, including previous trade war duties.
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💰 Revenue & Economic Landscape
In May 2025, tariff revenues soared to $24.2 billion, nearly 4× the year-earlier month, driven by broad enforcement of the global 10% baseline tariff plus higher punitive rates toward China.
Average effective U.S. tariff rate reached 16.6% just before the August increases, boosting projected post-shift rates to 17.5–17.9% — highest since the 1930s.
Consumer inflation impact from tariffs is estimated at ≈1.9%, hitting household budgets and corporate margins.
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🔄 Timeline & Trade Truce Highlights
Date Action
Feb–Mar 2025 China faced 10% + an additional 10%, later rising toward 125–145% tariffs.
April 9–10 Peak rates applied: up to 145% on most Chinese imports.
May 12 90‑day pause: tariffs dropped to 10% baseline, China imposed 10% in return.
June 26–30 Bilateral trade deals reached: limited exemptions for UK, China; others pending ahead of July 9 deadline.
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🤝 Status of Partner Deals
**✅ Deals signed**: with UK, and preliminarily with China — covering rare‑earth access, export control easing, and limited tariff reduction.
**⏳ Ongoing negotiations**: with EU, India, South Korea, Vietnam, Pakistan, Canada & others — facing the July 9 deadline unless extended.
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⚖️ Legal & Policy Challenges
On May 28, the U.S. Court of International Trade ruled that Trump's broad “IEEPA” tariff orders exceeded presidential authority, issuing a permanent injunction—though many duties **remain in effect while appeals proceed.**
Major disputes may reach the Supreme Court, raising legal uncertainty around future tariff enforcement.
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🎯 Why Binance‑Square Traders Should Care
Crypto & global markets react to these changes—USD volatility, supply costs, inflation expectations.
Tariffs affect global tech/electronics supply chains, impacting chips, rare earths, and mining tokens.
GEOPOLITICAL risk pricing is increasingly relevant in sentiment-driven altcoin swings.
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💬 TL;DR Summary (Emoji Style)
📌 #TrumpTariffs 2025:
📅 Aug 1 Roll‑out: New tariffs 20–50% range; China up to 55%.
💰 Revenue boom: $24B in tariffs (May).
📈 Tariffs highest in 90 years: avg ~18%.
⚠️ Legal uncertainty persists: court rulings challenge authorizations.
🤝 Deals in progress: UK & China; many others before July/Aug deadlines.
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📣 Comment with your thoughts or let me know which country you trade with!
#TrumpTariffs #MarketPullback #SECProjectCrypto #WhiteHouseDigitalAssetReport #FOMCMeeting