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The Tariff Act of 1789 imposed the first national source of revenue for the newly formed United States. The new U.S. Constitution ratified in 1789, allowed only the federal government to levy uniform tariffs. Only the federal government could set tariff rates (customs), so the old system of separate state rates disappeared.
Beginning in 1917 with the Trading with the Enemy Act of 1917, the president can impose any tariff while the nation is at war. The affected trade does not have to be connected to the ongoing war. Since 1974, the Trade Act of 1974 allows the president to impose a 15% tariff for 150 days if there is "an adverse impact on national security from ...
Since the 1980s, Trump has argued that foreign nations were "ripping off" Americans on trade matters. After he became president in 2017 and again in 2025, he imposed tariffs against foreign countries in retaliation, incorrectly insisting those countries pay his tariffs. However, the tariffs are paid by American importers in practice. [2]
In his first term, President Trump imposed tariffs of 25% on steel imports from most nations worldwide effective June 2018. But Mexico and Canada, under their free trade deals with the United ...
President Donald Trump has announced he will impose tariffs of 25 percent on all imported steel and aluminum — but this isn’t the first time he has done so.. During his first term, he ...
PALM BEACH, Fla. — President Trump on Saturday imposed significant tariffs on Canada, Mexico and China, a White House spokesperson said, following through on a long-standing pledge and ...
President Donald Trump says he will impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans ...
The Trump administration said Saturday it had imposed a 25% tariff on goods from Canada and Mexico and a 10% tariff on China. On Sunday, the president reacted to Canada's retaliation, saying it ...