#TrumpTariffs Donald Trump has implemented a new tariff policy, significantly impacting global trade.
His administration has raised tariffs on Chinese goods to 145% while reducing tariffs for other countries to 10% 1.
Additionally, the U.S. and China have reached an agreement where China will provide rare earth minerals in exchange for a 10% tariff rate 2 3. This move is part of Trump's broader strategy to reshape economic relations and strengthen domestic industries