Trump's Tariff Turbulence: A Timeline of Global Trade Shifts

Since January 2025, President Trump's aggressive tariff policies have created waves in international trade and financial markets. This timeline highlights key developments, including significant tariff hikes on imports from countries such as China, Mexico, Canada, and the EU, and notable agreements and trade truces.

Since taking office in January 2025, U.S. President Donald Trump has implemented a series of aggressive tariff actions, stirring global trade dynamics. His decisions have left financial markets on edge and imposed hefty duties on leading trade partners.

Key tariff measures kicked off on February 1, 2025, targeting imports from Mexico, Canada, and China, with tariffs set at 25% and 10% respectively. The sweeping tariff hikes continued through the spring months, affecting sectors from auto imports to steel and aluminum, leading to fluctuating duties on Chinese goods.

Despite intermittent trade truces, such as the 90-day agreement with China and negotiated terms with the EU, Trump's strategy remained hardline. The tariffs peaked with duties on AI chips by early 2026, showcasing the President's relentless push for U.S. trade interests.

(With inputs from agencies.)