2025: The Year Protectionism Won? Inside US Tariffs’ Global Impact
In 2025, sweeping US tariffs reshaped global trade, adding $1,200 to US household costs and prompting Asia to rethink supply chains.
US Tariffs
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Pasta Panic: US Tariff Threats Stir Italian Producers
Italian pasta producers are bracing for US tariffs of up to 107% this month, risking a price surge in a $780M market and prompting brands to eye Asia’s growing appetite for pasta.
Colombia Recalls Ambassador in US Tariff & Drug Dispute
Colombia recalls its ambassador from the US after President Trump threatened higher tariffs and cut aid, deepening a feud over drug policy and military strikes.
US Furniture & Lumber Tariffs Hit Consumers Hard
US furniture and lumber tariffs are raising consumer prices, with shoppers expected to cover over half the costs, Goldman Sachs warns.
China Pushes Back on US Tariff Threat Over Russian Oil
China opposes the US demand for 50-100% tariffs on its Russian oil purchases, dubbing it economic coercion that risks global trade and supply chain stability.
Economist Warns: Trump’s Tariffs Could Spike US Inflation 📈
An economist warns that Trump’s tariffs might cause US inflation to surge, impacting prices globally. Discover how this could affect you and why staying informed matters! 🌐📈