#TrumpTariffs 🛡️ Trump’s New Tariff Push: What You Need to Know (June 12, 2025)

President Trump has announced that within the next one to two weeks, the U.S. will unilaterally send letters to around 150 countries—including Japan, South Korea, and the EU—outlining new tariff rates under a “take-it-or-leave-it” framework .

In addition, Trump confirmed a "done deal" trade framework with China, featuring a 55% tariff on Chinese imports (reflecting the sum of baseline, fentanyl-related, and existing tariffs) while China maintains a 10% rate on U.S. goods. China would also resume rare earths and magnet exports; the U.S. would ease visa restrictions for Chinese students .

Market Reaction:

The U.S. dollar dropped to a three-year low, sliding ~0.9% in response to these trade moves .

UK exports to the U.S. plunged—April saw a £2 billion drop attributed to these tariff actions .

At the Kennedy Center, Trump reiterated that after the 90-day tariff pause ends on July 8, letters with final rates will go out; some friendly nations might get deadline extensions, but Europe may be among the last to conclude .

👉 Why it matters

These measures could reshape global supply chains, increase consumer costs, and heighten international trade friction.

The China framework provides critical rare earth materials, vital to defense and tech industries.

Markets are re-pricing based on exchange-rate shifts and uncertainty around forthcoming unilateral tariffs.

🗣️ Join the conversation:

Do you see Trump’s approach as a bold move to rebalance trade, or a risky gamble that could backfire on consumers and markets?