#TrumpTariffs 🇺🇸 Trump’s Tariffs: June 2025 Update
Steel & Aluminum tariffs doubled to 50%.
Broad new tariffs (10–60% on imports, 100%+ on China) are in legal limbo.
U.S. growth slowing: World Bank cuts 2025 forecast to 1.4%.
Inflation mild (so far) but may rise later this year.
Big companies shifting production back to the U.S. (e.g., GM).
Markets uneasy—tariff volatility raising fears.
Bottom line: Trump’s tariffs are reshaping trade fast—boosting some industries, but risking slower growth and higher costs.
