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Dec 2025
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Goldman Sachs: American consumers will bear the brunt of the tariffs

US Bank research predicts that businesses have absorbed most of Trump's tariffs, but gradually the burden will be transferred to consumers through price increases

Trump announces 100% tariffs on semiconductors – How much money the government has collected

Concern about upcoming price increases - What happens to the tariff revenues

Additional 25% tariffs imposed by Trump on India

The U.S. President signed the related executive order

50% US tariffs on many imported Brazilian products now in force

In retaliation for the persecution of Bolsonaro, the US president imposes customs duties on key Brazilian products - Lula calls it an American attack on "national sovereignty"

Trump issued instructions for the implementation of the new tariffs – Exemptions, deadlines and the risk of cost increases

Overall, the average US tariff is estimated to rise to 15.2% if the new rates are implemented as announced - This rate was only 2.3% in 2024, before Trump took office

Trump’s tariffs: Switzerland says it is ready to present a good trade proposal to the US

The Swiss government seeks to de-escalate tensions after the Trump administration imposes additional 39% tariffs

New tariffs across the globe: This is the full list Trump announced to US trading partners

The sharp rise in tariffs sparks global concern for companies whose main export destination is the U.S.

Macron on the EU-US tariff deal: we didn’t scare Trump enough

The French president also said that he believes there is still time to change the agreement

IMF: upward revision of forecasts for the global economy – The role of tariffs

According to the new World Economic Outlook, global growth rates will reach 3% this year and improve slightly further to 3.1% in 2026

US–EU agreement on 15% tariffs: Disaster averted – Why many see it as a one-sided compromise

The agreement averts a trade war, includes $600 billion in investments and $750 billion in US energy purchases, but also establishes a baseline 15% tariff on European goods – A blow to the auto industry and a rise in import costs – First reaction from the markets

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