#TrumpTariffs

The Trump administration has implemented a 10% universal tariff on imports to address the trade deficit and boost domestic manufacturing. This measure, effective from April 2025, aims to level the playing field for U.S. businesses, though it has faced legal challenges. The U.S. Court of International Trade raised concerns over its legitimacy. Additionally, cultural industries, like film, are pushing back against potential tariffs on foreign-made films, citing negative impacts on artistic exchange. Meanwhile, small businesses in the U.S. are struggling with higher costs due to tariffs on imported goods, prompting calls for tariff relief. International partners are wary of the unpredictable nature of U.S. trade policies.