#TrumpTariffs Here’s an updated overview of the evolving situation around President Trump’s tariff policy:
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⚖️ What are #TrumpTariffs?
Steel & Aluminum: On June 4, 2025, Trump doubled tariffs on steel and aluminum imports from 25% to 50% following a federal court challenge—which was temporarily paused—keeping the higher rate in effect .
"Liberation Day" Reciprocal Tariffs (April 2): A sweeping package that imposed universal tariffs (10%) and reciprocal tariffs (11–50%) on a wide range of imports, escalating into a global trade dispute .
China-Specific Tariffs:
Started with a 10% hike in
