📰 Latest Tariffs by Trump Explained (December 2025)

📌 What is happening now

President Trump continues to impose high tariffs on imports from many countries to protect American industries — part of his 'America First' trade strategy.

Major diplomatic discussions are ongoing — $TRUMP

and Indian PM Modi recently spoke as New Delhi seeks a 50% reduction in import duties on its exports.

📉 Economic impact on households

Reports indicate that the tariff regime has increased costs for American families by nearly 1 200 $ per household due to rising prices of imported goods.

📈 Government and trade statistics

The U.S. trade deficit has significantly decreased, one of the key objectives of Trump's tariff agenda.

Mexico and other countries are adjusting their own tariff policies in part in response to U.S. pressure, impacting international trade flows.

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🤔 Why this matters

Trump's tariff policy affects global trade, inflation, and the prices of everyday products. While supporters argue that tariffs bring jobs back and reduce trade deficits, critics claim they act as a tax on consumers and could harm global economic relations.