While headlines SCREAM Tariff/Import Taxes leveled across the board?
They Actually haven’t been…
In typical fashion?
He TALKS BIG to scare things to his advantage in making ‘Deals’….
Which works?….
Sometimes…
We take a look at things below….
President Donald Trump made a lot of tariff threats and trade promises this year. Many materialized into a barrage of new import taxes that overturned decades of U.S. economic policy — but others have yet to be fulfilled as 2025 comes to a close.
Some of Trump’s unrealized threats reflect a broader approach from a president with a track record of using sky-high levies to pressure other countries into new trade deals, one-up retaliatory measures or even punish political critics. At the same time, they arrived as growing list of tariffs did go into effect — from Trump’s punishing new taxes on imported metals, to tit-for-tat levies with top U.S. trading partners like China — plunging consumers and businesses worldwide into uncertainty.
Here’s what Trump said when announcing some of his biggest (but still unrealized) tariff threats and promises this year, and where things stand today.
External Revenue Service…
200% tariff on European wine, Champagne and spirits…
100% tariff on foreign-made films…
Tariffs on pharmaceutical drugs…
…
More tariff/import taxes put on hold…
Trump delays tariff hikes for imported furniture by 1 year
President Trump signed a proclamation Wednesday to delay increases in U.S. tariffs for imported upholstered furniture, kitchen cabinets and vanities for one year.
“Given the ongoing productive negotiations regarding the imports of wood products, the President is delaying the tariff increase to allow for further negotiations to occur with other countries,” reads a fact sheet from the White House explaining the decision to pause the tariff hikes….
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