#TrumpTariffs 🧾 What’s Implemented Now

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🇨🇳 The U.S.–China Tariff Framework

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📈 Economic & Market Effects

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🧩 Broader Context

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🔮 What Happens Next

The legal fight continues—courts will determine if the president has authority to impose these tariffs long-term .

The U.S.–China tariff truce currently set for six months could be renegotiated or extended, especially given ongoing concerns over rare earth supply chains .

Markets remain on edge: tariffs have already disrupted stocks and supply chains; any new actions or reversals could prompt further volatility .

📌 Summary Table

AspectDetailsTariffs ActiveU.S. and China trading under new framework; legal stay keeps tariffs in effectU.S. on ChinaEffective average tariff ~55%China on U.S.Tariffs at ~10%Consumers AffectedApprox. $1.2k/year, inflation impact, higher retail pricesBusiness EffectsInvestment slowdowns, stock market tremors, “TACO” pattern of volatilityLegal OutlookAppeals Court extended tariffs; court hearings set for July 31

Let me know if you’d like a deeper dive into specific countries, economic sectors, or how this might affect your region.