#TrumpTariffs In April 2025, the President of the United States, Donald Trump, announced the imposition of new tariffs on imports, including a base tariff of 10% for all countries and higher rates for specific nations: 34% for China, 46% for Vietnam, and 20% for the European Union. 

These measures aim to reduce the trade deficit and promote domestic industry. However, economists warn that they could increase costs for consumers, reduce disposable income, and slow down economic growth. Additionally, there is a risk of retaliatory trade actions from other countries, which could escalate tensions in global trade. 

In summary, Trump's tariff policies in 2025 could have significant effects on the global economy, increasing uncertainty and impacting both consumers and businesses.