#TrumpTariffs :

As of April 2025, Donald Trump, in his second term, has rolled out a new wave of broad and aggressive tariffs that are making major waves in the global economy. Here’s a breakdown of what’s currently in place:

Current Trump Tariff Policy (2025)

1. Universal Baseline Tariff

10% tariff on all imports into the U.S., regardless of country of origin.

This is part of a push to reduce the trade deficit and boost domestic manufacturing.

2. China-Specific Tariffs

Up to 60% tariffs on Chinese goods, especially electronics, green energy tech, and steel.

Targeted to counter what Trump calls China’s "economic aggression" and unfair trade practices.

3. Tariffs on Allies

New tariffs also apply to traditional allies, including Canada, the EU, South Korea, and Japan.

Some industries in these regions are already lobbying for retaliatory action.

4. Sector Impacts

Fashion Industry: Higher prices and supply chain disruptions.

Clean Energy: Tariffs on critical minerals and components threaten the cost and pace of renewable projects.

Tech & Electronics: Prices likely to rise due to parts sourced from China and Southeast Asia.

Why Now?

Trump says the goal is to force companies to bring manufacturing back to the U.S., protect American jobs, and rebalance trade. Critics argue this could raise consumer prices, spark global trade wars, and strain international alliances.

Want a summary of how markets or specific industries are reacting?