#TrumpTariffs "Trump tariffs" refers to a series of import taxes imposed by the U.S. during his administrations. In his first term, tariffs targeted goods like steel and aluminum globally, and a wide range of Chinese products, aiming to protect domestic industries and address trade imbalances. These actions led to retaliatory tariffs from other countries, sparking trade tensions and concerns about increased costs for consumers and businesses.

During his second term, beginning in 2025, a new set of tariffs was implemented, including a baseline tariff on nearly all imports and higher tariffs on specific countries. These measures, enacted under a national emergency declaration, aimed to promote reciprocal trade and reduce trade deficits. The scope and scale of these tariffs have generated considerable debate regarding their economic impact and implications for international trade relations.