#TrumpTariffs 🔹 Major Tariff Actions

1. Steel and Aluminum Tariffs (Section 232)

Date: Announced in March 2018.

Details: 25% tariff on steel and 10% on aluminum imports.

Justification: National security concerns under Section 232 of the Trade Expansion Act of 1962.

Affected Countries: Initially global, but Canada, Mexico, EU, and others later received exemptions or quotas after negotiations.

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2. China Tariffs (Section 301)

Start: July 2018

Justification: China's unfair trade practices, especially regarding technology and intellectual property theft.

Four rounds of tariffs, totaling ~$370 billion in Chinese goods:

Round Date Value Rate Example Products

1 July 2018 $34B 25% Machinery, auto parts

2 Aug 2018 $16B 25% Chemicals, electronics

3 Sept 2018 $200B Initially 10%, raised to 25% in May 2019 Furniture, food, consumer goods

4 Sept 2019 $120B 7.5%–15% Clothing, tech, toys

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3. European Union, Canada, Mexico, Others

Subject to steel and aluminum tariffs.

Resulted in retaliatory tariffs on U.S. goods (e.g., bourbon, motorcycles, dairy).

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4. Tariffs on Automobiles (Proposed)

Trump considered tariffs of up to 25% on imported autos and auto parts, citing national security.

These were investigated but never fully implemented.