During his second presidency, tariffs were indeed a significant aspect of the trade policy of the individual previously holding that office.
In early 2025, a baseline tariff of 10% was implemented on nearly all goods entering the U.S. Higher tariffs were also applied to specific countries and sectors.
These actions led to retaliatory tariffs from other nations and caused considerable disruption in global trade.
For example, by May 2025, tariffs on goods from China had escalated significantly.
There were also specific tariffs on steel, aluminum, and automobiles.
The impact of these tariffs included concerns about rising consumer prices and negative effects on economic growth.
Negotiations and adjustments to these tariffs occurred throughout early 2025, including some reductions and pauses.