🇺🇸 #TrumpTariffs Policies and Crypto Market Impact
📉 Binance's Position Amidst Regulatory Changes
Trump Tariffs – A Short Summary
In 2025, former President Donald Trump reintroduced sweeping tariffs as part of his "America First" trade policy. A 10% general tariff was imposed on all imports, with higher rates (up to 50%) for 57 countries, including China, Canada, and Mexico. These tariffs aim to boost U.S. manufacturing in key sectors like defense and technology.
While Trump argues the tariffs protect American jobs and industries, critics say they raise consumer prices—costing U.S. households an average of $1,200 in 2025—and disrupt global supply chains. Some countries are also reducing trade and tourism with the U.S. in response. The long-term impact remains uncertain.