#TrumpTariffs
Trump's tariff definitions, imposed by U.S. President Donald Trump during his second term in 2025, sparked widespread controversy. These tariffs included a minimum tax of 10% on all imports, and raised it to 145% on Chinese imports, leading to strong reactions from China and global financial markets.
These decisions significantly impacted the global economy, resulting in estimated losses of trillions of dollars. Experts and business leaders criticized these policies, considering them indirect taxes on the American consumer. Trump also faced legal challenges regarding overstepping his authority in imposing these tariffs without congressional approval.