Hold onto your wallets, America’s trade landscape just got a seismic shake-up. As of midnight on August 7, 2025, President Donald Trump’s new “reciprocal” tariffs kicked in, slapping import taxes ranging from 15% to 50% on goods from over...
Trump’s tariffs on Chinese steel weren’t just a unilateral move—they mirrored how other countries, like China, tax U.S. goods to protect their own industries. Tariffs are a common tool nations use to shield domestic businesses from foreign competition, and...
