Trump's tariff policies are characterized by the imposition of significant tariffs on almost all U.S. imports, aiming to reduce trade deficits, bring back manufacturing, address "unfair" trade practices, protect national security, and increase revenue.

The tariffs, which in 2025 increased the average U.S. tariff rate from 2.5% to an estimated 27%, have affected sectors such as steel, aluminum, and automobiles. While the administration argues that they promote domestic production, economists point out that these policies raise prices for consumers, create uncertainty in the global market, and have provoked retaliation from others.