#TrumpTariffs Overview of Trump’s Latest Tariff Policy

Aggressive tariff expansion: Recently, Trump reinstated and increased Section 232 tariffs—steel and aluminum at 50%—and layered on a global 10% baseline tariff, plus specific higher rates like 55% on Chinese imports and a 20% “fentanyl tariff” on certain goods .

Court challenges: A lower court ruled these sweeping tariffs unconstitutional under the IEEPA, but a federal appeals court has temporarily allowed them to remain in force while a full review is underway; legal arguments are scheduled for July 31 .