#TrumpTariffs
Donald Trump's tariffs are a key component of his economic policy, aimed at protecting American industries and workers. Here's a breakdown of the current situation .
*Tariff Rates:*
- *Baseline Tariff*: 10% on nearly all US imports, effective April 5, 2025
- *Steel and Aluminum Tariffs*: 50% on imports from certain countries, including Canada and Mexico, as of June 4, 2025
- *Automobile Tariffs*: 25% on imported cars, announced on March 26, 2025
