Trump has touted the $125 billion in revenue his already-existent import taxes have brought in, with hundreds of billions more pledged by a handful of nations in the form of investments. Yet it’s come at the cost of slower economic growth and the prospect of already stubborn inflation reheating.

President Donald Trump's order imposing new tariffs on 68 countries and the European Union starting in seven days has injected a new dose of uncertainty in an already uncertain process.

In a significant move, the US has unveiled revised global tariff rates, impacting numerous nations and the EU. President Trump's Executive Order imposes tariffs from 10% to over 41%, factoring in geopolitical risks and trade imbalances.