#TrumpTariffs

Trump’s Tariffs Today – What’s the Situation?

The tariffs imposed by U.S. President Donald Trump have been the focus of intense negotiations and trade retaliation in recent days.

As of March 12, 2025, the U.S. implemented a 25% tariff on all steel and aluminum imports, affecting trade partners like Brazil, Canada, and Mexico.

More recently, Trump threatened to increase tariffs on Chinese products to 104% if China does not withdraw its 34% tariffs on American goods. The deadline set by Trump for this withdrawal was noon today, April 8, 2025. The White House confirmed that if China does not respond favorably, the new tariffs will take effect starting tomorrow, April 9.

Additionally, the U.S. Trade Representative, Jamieson Greer, reported that around 50 countries have expressed interest in discussing the imposed tariffs, including Argentina, Vietnam, and Israel, who showed willingness to reduce their own tariffs and non-tariff barriers.