#TrumpTariffs Donald Trump's tariff policies have been a prominent feature of his approach to international trade, both during his first term and since his return to the presidency in January 2025. His overarching philosophy often centers on using tariffs as a tool to address perceived trade imbalances, protect domestic industries, and pressure other nations into new trade agreements.

Here's a breakdown of key aspects:

Main Tariff Policies and Targets:

* Broad, Universal Tariffs: Trump has implemented a baseline 10% tariff on imports from many countries, which was announced in April 2025 and initially suspended for 90 days.

* Targeted Tariffs on Specific Products/Countries:

* Steel and Aluminum: Long-standing tariffs of 25% on steel and 10% (raised to 25% in 2025) on aluminum imports were imposed in his first term and have been a consistent policy.

* China: The "trade war" with China has involved significant tariffs on a wide range of Chinese goods, with rates peaking as high as 145% on some imports during his second term, though some have since been reduced following negotiations. He has also proposed a 60% tariff on Chinese goods.

* European Union (EU): Trump has imposed a 20% import tax on all EU-made products, with the possibility of increasing this to 50% if trade talks don't yield desired results. This is primarily aimed at addressing the EU's trade surplus with the U.S.

* Mexico and Canada: Tariffs of 25% were imposed on imports from Mexico and Canada, often linked to issues like fentanyl trafficking and immigration, though some exemptions exist for goods compliant with the USMCA agreement.

* Automobiles: Trump has also announced plans for a 25% tariff on auto imports to foster domestic manufacturing.

* Vietnam: A 20% tariff has been imposed on all goods from Vietnam, with a 40% tariff on transshipped goods (those from China passing through Vietnam).

* "Reciprocal" Tariffs: A core idea is to impose tariffs that mirror, or "reciprocate," the tariffs or trade barriers that other countries place on U.S. goods.