#TrumpTariffs

Donald Trump intensified his tariff policy by imposing tariffs of 25% on imports from Mexico and Canada, and 10% on Chinese products. In April, he announced a universal tariff of 10% on all imports, with the exception of Canada and Mexico, as well as additional tariffs of up to 50% on about 60 countries. The measures provoked retaliations, such as Canadian tariffs on American beverages and fruits, and actions from China against U.S. companies. The tariffs contributed to rising inflation and global concerns about recession.