#TrumpTariffs
Trump intensified an ongoing trade war with China, increasing the base tariffs on Chinese imports to 145%. In retaliation, China imposed a minimum tariff of 125% on American products and restricted exports of rare earths essential to high-tech industries. Trump also sparked a trade war with Canada and Mexico by imposing a 25% tariff on both countries, but later granted indefinite exemptions for goods compliant with the USMCA. He presented these actions as efforts to hold countries accountable for drug trafficking and illegal immigration, while supporting domestic manufacturing. [3] [4] Trump then added a 25% tariff on steel, aluminum, and automobiles from all countries.