Trump’s Tariff Shockwave: 2025 Trade War Revival Rocks Global Markets and Economy
Trade War 2.0: New Tariffs and 2025 Policy Moves A Tariff Revival: Upon returning to the White House in January 2025, Trump wasted no time reasserting his “Tariff Man” persona. By early April he declared April 2, 2025 as “Liberation Day” – unveiling the most sweeping U.S. tariff hikes in decades csis.org. This included a blanket 10% tariff on all imports effective April 5, on national security grounds, aiming to shock trading partners into concessions and kick-start domestic industry csis.org. At the same time, the administration rolled out sector-specific duties: a 25% tariff on all imported cars and trucks (and a matching