#TrumpTariffs

During his second presidency, United States president Donald Trump enacted a series of steep protective tariffs affecting nearly all goods imported into the United States. Upon the second inauguration of Donald Trump in January 2025, the average effective US tariff rate was 2.5%. It rose to an estimated 27%, the highest level in over a century, due to the Liberation Day tariffs. After rollbacks, as of June 1, 2025, the average effective tariff rate was 15.1%.

On May 28, the United States Court of International Trade vacated the "fentanyl tariffs" and "reciprocal tariffs", ruling Trump had overstepped his authority. A Washington D.C. district court issued a preliminary injunction in a similar case the next day. Both decisions were stayed pending appeals, allowing the tariffs to remain in effect.