Trump's Tariffs Reveal the Limits of Protectionism in Global Trade The world's largest economies are again embroiled in a debate over protectionist policies, sparked by the United States' implementation of tariffs on imported goods under President Donald Trump.
The tariffs, which began with 25% levies on steel and 10% on aluminum in 2018, have since expanded to include a broad range of products from China, Canada, Mexico, and the European Union.
Understanding Trump's Tariffs: A New Era of Protectionism? The Trump administration's tariffs are often seen as a break with decades of free trade policies that underpinned globalization.