#TrumpTariffs Donald Trump has implemented a new tariff policy that significantly impacts global trade.
His administration has increased tariffs on Chinese goods to 145% while reducing tariffs for other countries to 10% 1.
Additionally, the United States and China have reached an agreement in which China will supply rare minerals in exchange for a 10% tariff rate 2 3. This move is part of Trump's broader strategy to reshape economic relations and strengthen domestic industries.