Archive · 13 Jun 2025
Jefferies: Trump May Impose New Tariffs on All Imports, Especially China
According to a Jefferies report, former President Trump might change his trade policies.
He could put a 10% tax on everything the U.S. buys from other countries, and a 20% tax on goods from China.
China is responding by controlling important resources like rare earth metals, which are needed for electronics.
To strengthen its economy, China is also buying a lot more gold.
This suggests a potential shift in the way the U.S. and China do business, with each side adjusting its strategies.
Jefferies report suggests Trump may implement a 10% tariff on all imports.
Tariffs on Chinese goods could be raised to 20%.
China is using tactics such as controlling rare earth metals in response to U.S. restrictions.
China increased gold imports by 73% in April.
The report signals a potential shift in U.S.-China trade relations.
- Who
- U.S. President Donald Trump and China.
- What
- Trump may implement a 10% tariff across the board and 20% for China.
- When
- The report's suggestions are for future policy decisions.
- Where
- U.S. and China.
- Why
- To simplify trade policy and maintain pressure on China, according to Jefferies.
United States
China
Trade Restrictions
United States
Supports tougher trade restrictions against China.
China
Wants to avoid tougher restrictions.
- Proposed Tariff on all imports
- 10%
- Proposed Tariff on Chinese goods
- 20%
- China's Gold Imports (April)
- Up 73%
- China's Gold ETF Holdings
- Increased by 82.1 tonnes