#TRUMP Here is the latest information regarding the tariffs imposed by President Donald J. Trump based on the latest sources available until June 2025:


Steel and Aluminum Tariff (Section 232):
On June 4, 2025, Trump signed a proclamation that increased import tariffs on steel and aluminum from 25% to 50%, effective at midnight on that date. These tariffs apply to all trading partners except for the UK, which will continue to face a 25% tariff until at least July 9, 2025, depending on the status of the US-UK economic deal.
This tariff only applies to the steel and aluminum content in imported products, while the non-steel and non-aluminum content is subject to other applicable tariffs. The goal is to protect the U.S. steel and aluminum industries from unfair trade practices and global overcapacity.
Exemptions are provided for certain products such as cars and car parts that are already subject to Section 232 tariffs, as well as specific items in Annex II ( including copper, pharmaceuticals, semiconductors, wood, critical minerals, and energy products ). On April 11, 2025, Annex II was expanded to include electronic goods such as smartphones and computers.
"Fentanyl" Tariff and Reciprocal Tariffs (Reciprocal Tariffs):
On February 2, 2025, Trump announced an additional 25% tariff on imports from Canada and Mexico, as well as a 10% tariff on imports from China, with a lower 10% tariff on energy sources from Canada. These tariffs aim to curb illegal immigration and fentanyl trafficking, which are considered a national emergency.
On April 2, 2025 ( called "Liberation Day" ), Trump imposed a universal 10% tariff on all imports to the US, with higher reciprocal tariffs for countries with large trade deficits. This tariff is enacted under the authority of the International Emergency Economic Powers Act ( IEEPA ).
China faces tariffs of up to 145% ( including a 125% retaliatory tariff and a 20% fentanyl-related tariff ) following the escalation of the trade war, despite a 90-day hiatus after talks in Geneva in May 2025.
On April 10, 2025, Trump announced a 90-day pause on higher reciprocal tariffs ( except for China), reducing tariffs to a baseline of 10% to encourage trade negotiations. This pause will end on July 9, 2025, with the possibility of extension for countries negotiating in good faith.
Rates on Electronics and Chinese Goods:
On April 12, 2025, Trump emphasized that there would be no tariff exemptions for electronics, even though U.S. Customs and Border Protection had announced exemptions for smartphones, computers, and chips on April 11. Trump stated that semiconductor tariffs would be applied in "different tariff buckets" and the details would be announced later.
For goods originating from China that meet the de minimis exemption criteria, the tariff will be increased effective May 2, 2025, to 120% ad valorem or $100 per item, with plans to increase to $200 per item canceled. On May 14, 2025, this tariff will be reduced to 54% ad valorem or $100 per item.
Automotive Rates:
On April 3, 2025, a 25% tariff will be imposed on imported cars, starting from finished vehicles and expanding to automotive parts until May 3, 2025. The aim is to encourage domestic manufacturing, although this may impact the global supply chain.
A temporary discount is given for cars assembled in the US: 3.75% of the selling price in the first year and 2.5% in the second year.
Other Special Rates:
On April 2, 2025, Trump announced a 25% tariff on all imports from countries that purchase oil or gas from Venezuela, including China, which is the main buyer of Venezuelan oil.
Trump also threatened a 100% tariff on foreign films and 25% on Apple products unless iPhones are produced in the US.
Legal Challenges:
On May 28, 2025, the U.S. International Trade Court (CIT) declared the "fentanyl" tariff and retaliatory tariffs invalid for exceeding presidential authority under IEEPA. However, on May 29, 2025, the Federal Circuit Court granted a temporary stay, allowing the tariffs to remain in effect during the appeal process.
Trump called the CIT's decision "horrible" and hopes the US Supreme Court will overturn it, claiming the decision undermines presidential power.
Economic Impact:
This tariff increases U.S. government revenue by 78% in the last two months, reaching $68.9 billion in the first five months of 2025. However, the Congressional Budget Office projects that this tariff could increase inflation and slow economic growth.
The tariffs are expected to add an average tax burden of $1,200 per US household by 2025, as tariff costs are typically passed on to US consumers.
Companies like Walmart and Amazon have warned that tariffs will increase the prices of goods.
International Response:
China retaliated with a 125% tariff on several U.S. goods, while Canada and Mexico expressed concerns over tariffs affecting trade relations.
The European Union began public consultations on May 8, 2025, regarding potential retaliatory measures against US automotive tariffs, reciprocity, and aluminum, targeting US products worth €95 billion.
England receives a temporary exemption from the 50% steel tariff thanks to an initial trade agreement with the US.
Future Trading Policy:
On June 11, 2025, Trump stated that he would send a letter to trade partners within 1-2 weeks to set unilateral tariffs before the deadline of July 9, 2025. Treasury Secretary Scott Bessent indicated the possibility of extending the tariff pause for 18 major trading partners negotiating in good faith.
The US and China agreed on a framework to ease trade tensions in June 2025, although its implementation is still awaiting approval from Trump and President Xi Jinping.

Trump's tariffs are controversial, with supporters claiming the tariffs protect U.S. industries and increase government revenue, while critics warn of their impact on inflation, consumer prices, and global trade relations.
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