#TrumpTariffs overview based on available information:Scope and Implementation: Since January 2025, Trump has imposed steep tariffs, raising the average effective U.S. tariff rate to an estimated 27%, the highest in over a century. Key actions include:A 10% baseline tariff on most imports, effective April 5, 2025, with higher "reciprocal" tariffs (up to 60%) on countries with large trade deficits, effective April 9, 2025, though many were paused for 90 days to negotiate trade deals.Tariffs on China escalated to 145% (including 125% reciprocal, 20% fentanyl-related, and Section 301 tariffs), prompting China to impose 125% retaliatory tariffs on U.S. goods and restrict rare earth exports.25% tariffs on Canada and Mexico (non-USMCA compliant goods) and a 10% tariff on Chinese imports, effective February 4, 2025, justified under the International Emergency Economic Powers Act (IEEPA) to address issues like fentanyl and migration.