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The second Trump tariffs are trade initiatives announced by US President Donald Trump during his second administration. Trump has long promoted import tariffs as a method of negotiating deals and retaliating against countries he accuses of "ripping off" the United States.
After being reelected to a second term beginning in 2025, Trump continued a trade war with China and initiated a second one with Canada and Mexico. On March 4, 2025, Trump imposed a 25% tariff on all Canadian and Mexican goods, aside from 10% on Canadian energy, and a 20% tariff on all Chinese goods. Several countries, including those in the European Union, began proactive negotiations with Trump to prevent additional tariff disputes.
In February 2025, Trump began announcing tariffs that would apply globally. A 25% tariff on steel and aluminum products is set to take effect on March 12, 2025. Additionally, Trump directed his cabinet members to submit a research report on potential reciprocal tariffs by August 2025.