#TrumpTariffs
Here’s a refined 100‑word summary of Trump’s tariffs:
President Trump initiated sweeping tariffs in early 2025—10% on most imports, 25% on steel, aluminum, and auto parts, with escalations to 50% globally and up to 145% on specific Chinese goods—to protect U.S. industries and reclaim trade balance (politico.com, kiplinger.com). Ostensibly strengthening national security under Section 232, these measures aimed to boost domestic manufacturing and reduce dependence on foreign supply (whitehouse.gov). However, critics warned they would hike consumer prices, strain supply chains, depress GDP, and disrupt smaller businesses . Legal challenges are ongoing, but most tariffs remain in effect pending appeals (apnews.com).