#ArbitrageTradingStrategy In 2025, Donald Trump reintroduced sweeping tariffs under his “Liberation Day” policy, imposing a 10% base tariff on all U.S. imports, plus targeted “reciprocal tariffs” ranging from 25% to 40% on 14 countries including Japan, South Korea, Bangladesh, and Thailand. These measures, starting August 1, aim to pressure nations into fairer trade deals. Existing tariffs on steel, aluminum, and cars remain. The tariffs impact over 70% of imports, risking higher consumer prices and GDP loss. While some countries are negotiating to avoid full tariffs, legal challenges are underway questioning Trump’s use of emergency powers to enforce trade restrictions.