#TrumpTariffs Donald Trump's tariffs in his second administration are quite extensive. Here are some key points¹:

- *Tariff Rates*: Trump imposed a baseline 10% tariff on nearly all US imports, effective April 5, 2025. Additionally, tariffs on goods from 57 trading partners briefly rose to between 11% and 50% on April 9, but were suspended within hours on all but China.

- *China-specific Tariffs*: The US tariffs on Chinese goods rose to 145%, while Chinese tariffs on US goods increased to 125%. However, the US and China agreed to cut tariffs introduced after "Liberation Day" to 10% for 90 days, starting May 12.

- *Steel and Aluminum Tariffs*: A 25% tariff was imposed on all steel and aluminum imports, aiming to strengthen domestic production. The measures