As of June 2025, #TrumpTariffs continue to play a major role in U.S. trade strategy. A recent agreement between the U.S. and China, announced on June 10, has paused further tariff increases, setting duties on Chinese imports at 55%. However, the deal offers limited progress on key concerns like rare-earth materials. The U.S. Court of Appeals recently ruled in favor of maintaining Trump-era tariffs while legal challenges unfold. In addition, starting June 23, new tariffs will apply to steel and aluminum-based products, increasing costs for many industries. Small American businesses report setbacks in innovation and rising expenses, while larger companies are adjusting supply chains and preparing for potential price increases. Although inflation has remained relatively stable so far, experts caution that consumers may soon feel the effects of these higher trade barriers. Overall, the tariff landscape remains volatile, with ongoing legal, political, and economic consequences on the horizon.