During his second term as President of the United States, Donald Trump enacted a series of steep tariffs affecting nearly all goods imported into the country. From January to April 2025, the overall average effective US tariff rate rose from 2.5% to an estimated 27%—the highest level in over a century. After changes, negotiations, and the invalidation of certain tariffs by the Supreme Court of the United States, the overall average effective tariff rate was 12.1% as of July 21, 2026. The items most affected by the tariffs are metals, items mostly made of metal, and vehicles.