1. 50% Tariff on EU Imports
President Trump announced a 50% tariff on all imports from the European Union, effective June 1, 2025. This move aims to address what he perceives as unfair trade practices and a significant trade deficit with the EU .
2. 25% Tariff on Imported Smartphones
A 25% tariff has been proposed on smartphones not manufactured in the U.S., including models from Apple and Samsung. This policy targets companies that manufacture abroad, encouraging them to shift production to the United States .
3. 25% Tariff on Countries Importing Venezuelan Oil
Executive Order 14245 imposes a 25% tariff on all goods imported into the United States from any country that imports Venezuelan oil. This measure is part of a broader strategy to exert economic pressure on Venezuela .