Trump's 2025 Tariff Storm: Global Trade Chaos Unfolds

• Donald Trump's 2025 return reignites global trade wars with new, sweeping tariffs on major partners like Canada, Mexico, and China.
• Tariffs escalated on steel, aluminum (up to 50%), autos (25%), and specific countries like India and Brazil (50%).
• "Liberation Day" tariffs in April caused stock market turmoil, while US-China levies reached 145% and 125%.
• Legal challenges to Trump's emergency-powers tariffs reached the Supreme Court, questioning his authority.
• Amid rising prices, some tariffs were lowered, but new sectoral tariffs on furniture were imposed, with a promised $2,000 dividend.

Why It Matters: Trump's 2025 tariffs sparked widespread trade wars, economic uncertainty, and legal battles.