#TrumpTariffs President **Donald Trump** implemented several **tariff policies** during his administration (2017–2021), primarily targeting China and other trading partners in an effort to protect U.S. industries and reduce trade deficits. Here’s a breakdown of key **Trump tariffs**:
### **1. Steel and Aluminum Tariffs (2018)**
- **25% tariff on steel imports**
- **10% tariff on aluminum imports**
- Applied globally but with exemptions for some allies (Canada, Mexico, EU initially, then later included).
- **Goal:** Protect U.S. metal producers from cheap foreign competition (especially China).
### **2. China Tariffs (Trade War, 2018–2019)**
Trump imposed multiple rounds of tariffs under **Section 301** of the Trade Act of 1974, citing unfair trade practices (IP theft, forced tech transfers).
- **List 1–4A:** Tariffs ranging from **7.5% to 25%** on **$370+ billion** worth of Chinese goods.
- Major targeted products: Electronics, machinery, semiconductors, furniture, and consumer goods.
- China retaliated with tariffs on U.S. agricultural (soybeans, pork) and industrial goods.
### **3. Other Tariffs**
- **Washing machines & solar panels (2018):** Up to **50% tariffs** to protect U.S. manufacturers.
- **EU tariffs (2019–2020):** Taxes on wine, cheese, and aircraft in response to Airbus subsidies.
### **Impact of Trump’s Tariffs**
- **Pros:** Some U.S. industries (steel, aluminum) saw increased production; China agreed to **Phase 1 trade deal (2020)**.
- **Cons:** Higher costs for businesses/consumers, trade deficits **did not significantly decrease**, and retaliatory tariffs hurt U.S. farmers/exporters.
### **Current Status (2024)**
- Many tariffs remain in place under **Biden**, who has largely kept them while reassessing strategy.
- Trump has proposed **escalating tariffs** if re-elected (e.g., **10% universal baseline tariff**, 60%+ on China).
Would you like details on a specific tariff or its economic effects?