#TrumpTariffs #TrumpTariffs refers to the renewed trade policies proposed by Donald Trump, including major tariff increases on imports from countries like Japan, South Korea, and BRICS-aligned nations. These tariffs, set to begin August 2025, aim to pressure trade partners but are expected to cost U.S. employers over $82 billion. Sectors like retail and auto are already seeing rising prices and declining sales. While the tariffs could boost federal revenue, experts warn they may slow economic growth. Legal challenges are ongoing, and Congress is pushing for more control through the proposed Trade Review Act. Globally, businesses are shifting supply chains, with Europe and Southeast Asia emerging as alternatives. The policy remains controversial and could reshape global trade dynamics.