#TrumpTariffs The tariff and duty policy has been a central theme on the agenda of the current U.S. administration. A global scheme has been implemented that applies tariffs to most countries, with rates varying according to the trade agreements reached.

Main features of the tariff policy:

Universal tariff: A base tariff has been established for imports from those countries with which no specific trade agreements have been signed. At the time, a universal tariff of 10% was announced.

"Reciprocal" tariffs: For about 70 countries, tariff rates have been calculated based on their relations and the trade balance with the United States.

Bilateral negotiations: The administration has used the threat of high tariffs as a negotiation tool to achieve favorable trade agreements. Some countries have managed to reduce initial tariffs through negotiations.

Specific rates by product: There are special tariffs for certain sectors, such as steel and aluminum (with a 50% tax), and automobiles and their parts (with a 25%).