#TrumpTariffs President Donald Trump's tariff policies in his second term have significantly reshaped global trade dynamics, with broad economic implications. Here's an overview of the key developments:

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🔧 Major Tariff Measures

Universal Import Tariff: On April 2, 2025, dubbed "Liberation Day," Trump imposed a 10% tariff on all imports into the U.S., with higher rates for 57 trading partners. This move aimed to bolster domestic manufacturing but led to immediate market volatility.

Targeted Tariffs: Specific sectors faced steeper tariffs. For instance, foreign-made cars and parts were subjected to a 25% levy starting May 3, 2025.

Tariffs on BRICS Nations: Trump threatened 100% tariffs on BRICS countries (Brazil, Russia, India, China, South Africa) if they moved away from using the U.S. dollar in trade, aiming to deter de-dollarization efforts.