#TrumpTariffs As of May 2025, President Donald Trump's second administration has significantly reshaped U.S. trade policy through a series of sweeping tariffs, marking one of the most aggressive protectionist shifts in modern history.

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🔧 Key Tariff Actions

Universal Tariff Implementation: On April 2, 2025—dubbed “Liberation Day”—Trump imposed a 10% universal tariff on nearly all imports, with higher rates for 57 countries. This move raised the average effective U.S. tariff rate to an estimated 27%, the highest in over a century .

Targeted Tariffs on Specific Countries:

China: Tariffs on Chinese goods escalated to 145% before a May 12 agreement reduced them to 30% for a 90-day period .

Canada and Mexico: Faced 25% tariffs, later paused following negotiations .

Steel and Aluminum: A 25% tariff was imposed on all steel and aluminum imports starting March 12 .

Additional Measures: Tariffs were also applied to countries purchasing Venezuelan oil and on critical minerals under national security justifications .