#TrumpTariffs Donald Trump's tariff policies have been a significant aspect of his "America First" trade agenda, aiming to protect domestic industries, reduce trade deficits, and pressure other countries on various issues. These policies have evolved and been implemented in stages, causing considerable impact on global trade and economies.

Here's a breakdown of the key aspects of Trump's tariffs:

Proposed and Implemented Tariffs:

* Broad Tariffs: During his campaign for a second term, Trump pledged even larger tariffs, including 60% on China, 100% on Mexico, and 20% on all other countries. Upon his second inauguration in January 2025, the average effective U.S. tariff rate was 2.5%, but this has since escalated significantly.

* China: Trump has dramatically escalated the U.S.-China trade war. Baseline tariffs on Chinese imports were raised to 145%, and the U.S. has also maintained a 30% tariff on most Chinese goods, with some de minimis packages facing duties of about 55%.

* Mexico and Canada: Citing concerns about drug trafficking (particularly fentanyl) and illegal immigration,