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Jul 7, 2023 · Introduction. The Trump administration imposed several rounds of tariffs, amounting to an $80 billion tax increase on $380 billion worth of imports (based on 2018 values), ranging from thousands of products from China to steel and aluminum and washing machines and solar panels.
Jun 19, 2023 · When he was president, Donald Trump launched a trade war with China, eventually slapping tariffs on more than $300 billion worth of imports. And 2 1/2 years into the Biden presidency, those...
In January 2018, Trump imposed tariffs on solar panels and washing machines of 30 to 50 percent. [1] In March 2018, he imposed tariffs on steel (25%) and aluminum (10%) from most countries, [2] [3] [4] which, according to Morgan Stanley, covered an estimated 4.1 percent of U.S. imports. [5]
Sep 10, 2020 · His administration imposed tariffs on steel and aluminum imports on the basis of national security reviews (known as Section 232 investigations), and threatened to do so for automobiles,...
Mar 18, 2024 · Trump has repeatedly floated the idea of imposing a 10% tariff on every good coming into the US, as well as a tariff upward of 60% on all Chinese imports if he regains the presidency.
Aug 30, 2023 · Most dramatically, of course, Trump used Section 301—the unfair-trade-practices clause—to unilaterally impose 25 percent tariffs on roughly $250 billion in Chinese goods, and when China...
Dec 5, 2018 · The Trump administration has increased taxes on Americans by imposing nearly $42 billion worth of tariffs. These include the following: [4] 25 percent tariff on imported steel, which amounts to about a $7.3 billion tax increase. 10 percent tariff on imported aluminum, which amounts to a nearly $1.7 billion tax increase.
