Trump and the Tarrifs

In 2025, Donald Trump reimposed broad tariffs on imports, starting with a 10% baseline on most goods and escalating to over 40% for some countries like China, Cambodia, and Vietnam. Allies like Canada and the EU were also hit. These tariffs aimed to reduce trade deficits but sparked retaliation, disrupted global supply chains, and raised prices for U.S. consumers. Some countries, like Japan and the Philippines, negotiated reduced rates. The policy led to inflation, strained international relations, and economic slowdowns on both sides.