#TrumpTariffs TrumpTariffs refer to the trade tariffs imposed by former U.S. President Donald Trump, mainly during his first term (2017–2021), and revived more aggressively during his second term starting 2025. These tariffs targeted countries like China, the EU, and others, aiming to reduce the trade deficit and boost American manufacturing. A 10% universal tariff was proposed in 2025, with even higher duties for specific nations. While intended to protect U.S. industries, the tariffs raised costs for American businesses and consumers, disrupted global supply chains, and triggered retaliatory measures. Economists warned of long-term economic damage, inflation, and strained international trade relations.