#TrumpTariffs

Tariffs during Donald Trump's second presidency

The import tariffs during Donald Trump's second presidency, referred to by the media as a tariff war, have reflected an intensification of protectionist trade policies in the United States, with President Donald Trump announcing a series of high import tariffs affecting all of his trading partners. While his first administration imposed tariffs on approximately $380 billion in imports, the total under his second administration is projected to exceed $1.4 trillion by April 2025.[1]

Trump resumed the trade war between China and the United States, raising tariffs on China up to 145%.[2][3] He also initiated a second trade war with Canada and Mexico by imposing a 25% tariff on most Canadian and Mexican products, although he later indefinitely exempted all goods that complied with the USMCA.[4] Trump justified these actions as a means to hold these countries accountable for illegal drug trafficking and irregular immigration, in addition to supporting domestic manufacturing.[5][6] On March 12, 2025, a global 25% tariff on steel and aluminum products went into effect.