The prospects for Trump's tariff barriers against China are complex and have generated various impacts. Consumers in the U.S. have felt the burden of these tariffs, with an estimated average tax increase of nearly US$ 1.200 per family by 2025. The tariffs have led to an increase in the prices of several products, resulting in a total increase of US$ 51 billion and a net loss of US$ 7.2 billion for the U.S. economy. In April 2025, Trump announced a universal tariff of 10% on most imports, which peaked at 145% on Chinese products. China retaliated with its own tariffs, hitting 125% on U.S. products. These tariffs were part of a strategy to reduce trade deficits and promote domestic manufacturing, but they also contributed to lowering GDP growth projections by various economic institutions.
In addition to affecting consumer prices, the tariffs led to a chaotic business environment, with ongoing negotiations and threats of new increases. By mid-2025, the U.S. tariff rate increased drastically, with steel and aluminum tariffs reaching 50% and a 25% tariff imposed on imported cars. While the Trump administration argues that these tariffs are necessary for national security and economic growth, critics point out that the financial burden primarily falls on American consumers, who face higher prices and limited options in the market. The long-term effects of these tariffs on the U.S. economy and international trade relations still need to be fully assessed.