#TrumpTariffs
As of June 12, 2025, President Donald Trump's tariff policies have significantly reshaped global trade dynamics, leading to widespread economic repercussions and ongoing legal challenges.
--
📈 Escalating Tariff Measures
In early 2025, President Trump imposed a series of strict tariffs, starting with a 10% tax on all Chinese imports in February. By April, these tariffs escalated to 145% following reciprocal measures from China, which imposed a 125% tariff on American goods. The dispute extended to other trading partners, including Canada, Mexico, and the European Union, where the United States imposed a 25% tariff on EU car imports and other goods.
--
⚖️ Legal Developments
In May, the U.S. International Trade Court ruled that many of Trump's tariffs were imposed illegally and ordered their suspension. However, the Court of Appeals granted a temporary stay, allowing the tariffs to remain in effect until the scheduled hearing on July 31.