Currently, the following tariffs from the second Trump administration are in effect: 25% taxes on all steel and aluminum imports and 20% taxes on Chinese imports.

In his first term, Trump also targeted the alcohol industry. A series of tit-for-tat tariffs hit alcohol products in the U.S. and the EU. The Biden administration suspended those tariffs, but now the industry is once again in the crosshairs. The industry has still been recovering from that first tariff spat.