#TrumpTariffs The tariff policy of President Donald Trump, reinstated and expanded over the last year, continues to be a central point of global economic policy. Since the beginning of 2025, a widespread 10% tariff has been observed on a vast range of imports, along with significantly higher duties on specific products such as steel and aluminum, which have reached up to 50%. These measures, designed to protect the U.S. industry and renegotiate the terms of international trade, have redefined supply chains and generated intense debate worldwide.
Domestically, the impact of the tariffs has been mixed and controversial. While some sectors, such as steel, have seen an increase in domestic production, consumers and industries that depend on imported components have faced higher costs. This has contributed to inflationary pressures during a delicate economic time. The administration's logic that tariffs would force companies to bring production back to the United States has had limited results, with many companies opting to absorb costs or pass them on to consumers.
The international reaction was swift, triggering a series of retaliations that have affected global trade. China, one of the main targets of U.S. tariffs, has responded with its own tariffs on U.S. agricultural and energy products. The European Union has also entered the dispute, threatening to impose tariffs on U.S. consumer goods, which has created an atmosphere of uncertainty and tested traditional trade alliances, including relations with neighbors like Canada and Mexico.
Currently, the tariff policy faces challenges both legally and diplomatically.