#TrumpTariffs Trump's Tariff Policy: A New Era of Protectionism

Donald Trump's second term as US President has seen a significant shift in trade policy, with steep protective tariffs imposed on nearly all goods imported into the United States. The average effective US tariff rate has skyrocketed to 27%, the highest level in over a century. Trump's administration has escalated trade wars with China, Canada, and Mexico, imposing tariffs on steel, aluminum, and automobiles.