#TrumpTariffs During his second presidency, Donald Trump implemented a series of high tariffs, increasing the average rate on American imports from 2.5% to about 27%. These measures, based on arguments of national security and trade rebalancing, aim to favor American industry.

These tariffs have rekindled trade tensions with several countries, notably China, Canada, and Mexico. The economic consequences include rising costs for American businesses and consumers, a slowdown in global growth, and fears of recession.