$BTC Comprehensive Overview of Trump's Tariff Policies (2025)

#### ๐Ÿ” **1. Tariff Structure and Key Actions**

- **"Liberation Day" Tariffs (April 2025)**:

- **10% universal baseline tariff** on nearly all U.S. imports, with higher "reciprocal tariffs" (11โ€“50%) for 57 trading partners based on trade deficits. These were temporarily paused for 90 days except for China .

- **China-specific tariffs**: Increased to **145%** on most goods (including stacking of existing tariffs), triggering Chinese retaliation (125% on U.S. goods + rare earth export restrictions) .

- **Sectoral tariffs**: 25% on autos, 50% on steel/aluminum .

- **Country-Specific Tariffs**:

- **Canada/Mexico**: 25% "fentanyl tariffs" tied to drug trafficking concerns, later exempted for USMCA-compliant goods .

- **EU**: Planned 50% reciprocal tariff (delayed to July 2025) .

- **Pre-Tariff Average Rate**: 2.5% (Jan 2025) โ†’ **Peaked at 27%** (April 2025) โ†’ **Current 15.1%** (June 2025) after rollbacks .