#TrumpTariffs Here's an overview of the key developments:
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🔹 Major Tariff Initiatives
Global Tariff Increase:
Tariffs on China:
De Minimis Threshold Adjustment: The U.S. adjusted the de minimis threshold for low-value imports, affecting online shoppers. The tariff on such imports was lowered from 120% to 54% for USPS shipments, with a flat-rate tariff of $100.
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🔹 Targeting Currency Practices
Tariffs on Countries Moving Away from the U.S. Dollar: Trump has threatened to impose a 100% tariff on countries that shift away from using the U.S. dollar in trade, particularly targeting BRICS nations considering a rival currency.
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🔹 Economic Impacts
Inflation Trends: Despite the tariff increases, U.S. inflation unexpectedly cooled in April 2025, with the annual rate dropping to