#TrumpTariffs

Trump's tariffs refer to the series of protective tariffs imposed by former US President Donald Trump during his presidency and recently in his second term starting January 2025. These tariffs aim to protect American industries and workers by increasing the cost of imported goods.

Key Tariff Rates

- *China*: 145% baseline tariff on Chinese imports, with some reduced to 30% for 90 days for most packages and 54% for de minimis packages

- *Canada and Mexico*: Initially 25% tariff, later exempted for goods compliant with USMCA

- *Steel and Aluminum*: 50% tariff on imports from all countries, effective June 4, 2025

- *Automobiles*: 25% tariff on all imported cars, including those from Mexico and Canada

- *Other Countries*: Minimum 10% tariff on nearly all US imports$TRUMP