#TrumpTariffs

refer to the import taxes that the administration of President Donald Trump has imposed and continues to apply on goods from various countries. These tariffs, which can vary widely, are primarily aimed at protecting domestic industries from foreign competition, reducing the trade deficit of the United States, and, in some cases, addressing what the administration considers unfair trade practices or serving as a geopolitical tool.

While the Trump administration argues that these tariffs are paid by foreign countries, the economic reality is that it is the U.S. importing companies that pay the taxes to the U.S. government. These costs are often passed on to consumers in the form of higher prices. The tariffs have generated global trade tensions, including "trade wars" where affected countries respond with their own tariffs, as has been the case with China.

In his current term, President Trump has continued and expanded the use of tariffs, even with threats to impose significant tariffs on countries such as Japan, South Korea, Malaysia, and others, starting in August 2025, seeking what he calls "reciprocity" in trade. These measures reflect a trade policy that prioritizes domestic reindustrialization and the rebalancing of international trade relations.