US EditionHow Trump's chaotic trade war has evolved
- President Donald Trump imposed and adjusted multiple tariffs on imports starting February 2017, targeting China, Mexico, Canada, and others, sparking global economic uncertainty.
- These tariff actions aimed to address trade imbalances and curb illegal immigration and fentanyl flow but lacked a comparable deal with China, leading to retaliatory measures.
- Tariffs fluctuated widely, including 25% on steel and aluminum, doubled fentanyl tariffs to 20% on China, and up to 145% duties, causing shocks in financial markets and trade disruptions.
- In response to market upheaval, Trump paused many tariffs temporarily, granted exemptions on some electronics, launched new probes, imposed a 100% tariff on foreign movies, and signed limited agreements with the UK and China.
- By May 2025, the US and China agreed to a 90-day truce reducing tariffs to 30% and 10% respectively, indicating a tentative easing in the nearly eight-year-long trade conflict.
19 Articles
19 Articles
‘The orange rhino’: Experts unpack the optimistic and pessimistic impacts of Trump’s tariffs
Robert Spendlove, a former Utah legislator and senior economist for Zions Bank, presents on President Donald Trump's economic strategy during the Utah Taxpayers Association's conference at the Grand America in Salt Lake City on May 12, 2025. (Katie McKellar/Utah News Dispatch)To Robert Spendlove, a former Utah legislator who’s now the senior economist at Zions Bank, the metaphor that best represents America’s current economic landscape isn’t a “…
The Hamilton Spectator
Donald Trump’s trade war is a ‘wake-up call,’ Ontario’s finance minister warns
President Donald Trump's trade war is a "wake-up call" to reduce Canada's reliance on the U.S., warns Ontario Finance Minister Peter Bethlenfalvy.
How Donald Trump's Chaotic Trade War Has Evolved - A Timeline
US President Donald Trump's tariff decisions since he took office on January 20, from imposing sweeping duties to abruptly pausing some of them, have shocked financial markets and sent a wave of uncertainty through the global economy.
Denver Gazette
How Trump's chaotic trade war has evolved
(Reuters) -U.S. President Donald Trump's tariff decisions since he took office on January 20, from imposing sweeping duties to abruptly pausing some of them, have shocked financial markets and sent a wave of uncertainty through the global economy.
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