#TrumpTariffs 🇺🇸 Legal & Policy Status

IssueDetailsCourt Rulings . .Tariff LevelsSince February, wide-ranging tariffs have been imposed on imports from nearly all countries—peaking at around 27% average, including up to 145% on Chinese goods . .

🔄 Trade Deals & Retaliation

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📉 Economic Impact

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📊 Macro Estimates

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🔍 What to Watch

July 31 Court Date: The appeal by the Trump administration will decide the legality of the sweeping IEEPA-based tariffs—possible escalation to the Supreme Court.

Negotiation Deadlines: Tariff reprieves for some countries (including the UK, EU, and Canada) have near-term deadlines—most notably July 9.

Inflation Trends: If tariffs continue to feed into prices, inflation could accelerate, undermining the Federal Reserve’s ability to ease policy further.

✅ Summary

Trump’s 2025 tariff strategy remains in effect, supported by an appeals court and coupled with new trade framework deals. However, the initiative sits at a crossroads—legal review is underway, and economic impacts are mixed: small businesses and consumers face rising costs, while some domestic manufacturers benefit. Long-term economic models suggest significant growth and wage losses if tariffs persist without congressional or judicial checks.