Trump's tariffs are a protectionist trade policy implemented by U.S. President Donald Trump, aimed at reindustrializing the U.S. and creating domestic jobs. The tariffs range from 10% to 50% on imported products from various countries, including China, with whom the U.S. has an intense trade war. In response, affected countries have implemented retaliations, raising rates to over 100% in some cases. Trump has also threatened to impose 100% tariffs on BRICS countries and India if they proceed with efforts to de-dollarize. This has generated market volatility and economic uncertainty.¹ ²
