#TrumpTariffs

Here’s a comprehensive update on Trump’s tariff policies, often tagged with #TrumpTariffs, as of mid-June 2025:

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📌 1. Liberation Day “reciprocal tariffs”

Launched April 2, 2025 under Executive Order 14257, these global tariffs aimed to redress trade imbalances—dubbed “Liberation Day tariffs” .

They rapidly expanded to include country-specific surcharges and China-specific measures, pushing the average U.S. tariff rate from ~2.5% (pre-January 2025) to nearly 27% by mid‑2025 .

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⚖️ 2. Legal battles & court rulings

A federal court blocked much of the new tariffs on May 28, ruling they exceeded Presidential power under the IEEPA .

However, the U.S. Court of Appeals (Federal Circuit) stayed that injunction on June 10, allowing the tariffs to remain in effect pending full review, with final arguments scheduled for July 31