Since declaring his 2024 presidential candidacy, President Donald Trump has concentrated much of his economic agenda on trade, specifically tariffs.
“We have been ripped off for decades by nearly every country on Earth, and we will not let that happen any longer,” Trump declared in his much-anticipated April 2 announcement on broad tariffs.
From leveling the playing field in global trade to reshoring U.S. manufacturing, the Trump administration aims to wield the tariff instrument to accomplish the president’s goals.
Here is a timeline of how we got here, from Inauguration Day to the present.
Jan. 20
President Donald Trump signs a presidential memorandum outlining his trade agenda, including plans for tariffs on major U.S. trading partners, including China, Mexico, and Canada, to curb the flow of illicit drugs and illegal immigrants and address the trade deficit....