#tramptariff these were significant trade measures. For example, in 2018, tariffs were placed on steel and aluminum imports from various countries, and later, substantial tariffs were levied on a wide range of goods imported from China. These actions aimed to protect domestic industries and address trade imbalances. A 10% baseline tariff on nearly all imports to the U.S. was announced in April 2025, with higher rates for some nations. These tariffs led to increased costs for businesses and consumers and sparked retaliatory tariffs from other countries, creating considerable disruption in global trade.
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