#TrumpTariffs

🧾 What is it?

Tariffs imposed by President Trump since April 2025, include:

10% basic tariff on all imports.

Additional tariffs by country (up to 55% on some Chinese goods).

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🌍 Affected countries:

China, Korea, Japan, the European Union, Taiwan, and others.

Warnings have been sent to 14 countries to adjust their trade relations before August 1, 2025.

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📈 Results so far:

Historic revenues: $24.2 billion in May alone.

Limited inflation currently, but prices of some products have started to rise.

Asian markets have declined, and the US dollar is weak.

Some American companies have started raising prices or changing suppliers.

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🔁 Agreements:

Settlements have been reached with the United Kingdom, Vietnam, and partially with China.

Negotiations are still ongoing with other countries to avoid implementing tariffs of up to 40%.

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⚖️ Legal situation:

A federal court has halted some tariffs (constitutional hold on the use of economic emergency powers).

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🔮 What to expect later?

Implementation of the remaining tariffs on August 1, 2025, if no agreements are reached.

Potential increase in prices for the American consumer.

A shift in global supply chains from China to countries like India and Vietnam.