The article reviews the current status of tariffs imposed under D. Trump's trade agenda. A new 10% tariff has been implemented and will remain in effect for 150 days while the administration seeks long-term solutions. Certain sectors, such as steel, aluminum, and automobiles, are exempt from these tariffs, along with goods imported under the US-Mexico-Canada agreement.

President Trump has threatened to increase the tariffs to 15%, and US Trade Representative Jamieson Greer mentioned on Fox Business that while the current 10% tariff is in place, some tariffs may well be raised. His comments suggest that the administration aims to maintain continuity in trade policies, despite the fluctuations in tariff rates, which could seriously impact trade partners such as Great Britain, who had enjoyed lower tariffs previously.

This discussion of tariffs is crucial as it reflects broader trade relations and economic strategies impacting not only domestic markets but also international partnerships. The potential rise in tariffs could lead to heightened tensions between the US and its trading partners, which depend on these trade agreements for economic stability.