"On April 2, 2025, Donald Trump shook the global geopolitical landscape, altering trade rules and triggering a shift in global supply chains with across-the-board tariffs."
"The president announced a paradigm shift in trade policy, raising tariffs to their highest level since 1939, justifying it by claiming the country had been looted by other nations."
"A year later, the Supreme Court declared the so-called reciprocal tariffs illegal, and despite collecting $264 billion, the trade deficit remained unchanged."
"Supporters like Brian Pannebecke expressed optimism about the benefits of the tariffs, but twelve months later, the anticipated economic improvements had not materialized."
On April 2, 2025, Donald Trump announced a major shift in U.S. trade policy, imposing tariffs of 10% to 50% on various countries. This move aimed to address perceived economic injustices and was celebrated by supporters. However, a year later, the Supreme Court deemed these tariffs illegal. Despite collecting $264 billion from the tariffs, the U.S. trade deficit remained unchanged, and the anticipated factory openings and foreign investments did not materialize, leading to disappointment among supporters.
Read at english.elpais.com
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