#TrumpTariffs Trump's tariffs are a series of trade restrictions imposed by U.S. President Donald Trump that affect nearly all goods imported into the United States. Here are some important details about the tariffs ¹ ²:

- *General tariffs:* Trump announced a minimum tariff of 10% on all U.S. imports, with higher rates for 57 countries, ranging from 10% to 50%.

- *Specific tariffs:*

- *Steel and aluminum:* 25% tariff on imports of steel and aluminum from all countries.

- *Cars:* 25% tariff on imports of cars and automotive parts.

- *China:* 145% tariff on Chinese imports due to the trade war between the U.S. and China.

- *Economic impact:* The tariffs contributed to declines in the stock markets and increased recession expectations. Economists criticize Trump's tariff policy, arguing it may lead to higher prices and larger deficits.

- *International reactions:* U.S. trading partners, such as Canada and Mexico, imposed retaliatory tariffs on American products. China also imposed tariffs on American goods.

- *Exceptions:* Some products are exempt from tariffs, such as goods traded under the United States-Mexico-Canada Agreement (USMCA) and certain minerals and semiconductors.

Trump's tariffs aim to protect American industry and reduce trade deficits but have generated controversy and criticism from economists and trading partners.

( AI text )