#TrumpTariffs reflect President Donald Trump’s aggressive trade policy in his second term, aiming to protect U.S. interests and reduce trade deficits. Since January 2025, he has imposed a 10% baseline tariff on all imports, with higher rates on specific countries like Canada (25%), Mexico (25%), and China (up to 145%), citing national security and unfair trade practices. Notable actions include doubling steel and aluminum tariffs to 50% by June 2025 and threatening rates up to 70% on various nations. A 90-day pause from April to July 9, 2025, allowed negotiations, but with limited deals, new tariff letters are set for July 10, potentially effective August 1, impacting global markets and U.S. consumers.