Steel & Aluminum Tariffs: Tariffs of 25% on steel and 10% on aluminum were imposed globally, citing national security concerns.

USMCA (Replaced NAFTA): Some tariffs were reduced or eliminated between the U.S., Mexico, and Canada.

Biden Administration Adjustments
Tariff Review: The administration maintained most tariffs but provided some exclusions and negotiations with China.

Electric Vehicle (EV) and Green Energy Focus: Biden emphasized tariffs and subsidies to promote U.S. manufacturing of EVs and renewable energy.

Effects of U.S. Tariffs
Pros:
Protects U.S. industries from foreign competition.

Encourages domestic manufacturing.

Can be used as leverage in trade negotiations.

Cons:
Increases costs for U.S. consumers and businesses.

Can lead to retaliation from other countries.

May disrupt global supply chains.