Things Trump said in his second term on trade, tariff and wars

January 20, 2025

  • During his inaugural speech as US president, Trump pledged to immediately overhaul the US trade system to protect American workers and families.

February 1–4, 2025

  • Trump declared “national emergencies” citing border security and fentanyl trafficking, imposing 25% tariffs on goods from Mexico and Canada, and 10% on Chinese goods.

March 12, 2025

  • Imposed 25% tariffs on all steel and aluminum imports, emphasizing that there would be “no exceptions or exemptions”.

April 2–5, 2025

  • Trump declared a national emergency over the trade deficit and invoked the International Emergency Economic Powers Act (IEEPA) to announce baseline 10% reciprocal tariffs on nearly all imports, effective April 5.

May 2025

  • Trump claimed to have brokered a “full and immediate” India-Pakistan ceasefire through US negotiations, although Indian officials denied any third-party mediation.
  • Trump frequently stated he’d “stopped five wars in five months,” including those involving Congo-Rwanda, Israel-Iran, Cambodia-Thailand, Serbia-Kosovo, Egypt-Ethiopia, and India-Pakistan.

July 6–8, 2025

  • At the BRICS Summit in Rio, Trump issued warnings that “any country aligning themselves with anti-American policies of BRICS will be charged an additional 10% tariff,” specifically targeting the bloc’s push for de-dollarization.

July 28, 2025

  • Trump warned that most trading partners who didn’t negotiate separate deals would soon face tariffs of 15–20%.
  • In an interview, Trump declared, “I’ve stopped six wars—I’m averaging about a war a month,” leveraging military and trade pressure.

July 30–31, 2025

  • Declared Brazil’s political actions a national emergency and imposed an additional 40% tariff plus a 10% reciprocal tariff for a total of 50% on Brazilian exports.

August 6–7, 2025

  • Announced a new 25% tariff on Indian goods effective 21 days after August 7, raising duties on some exports to as high as 50%. The justification included India’s imports of Russian oil and national security concerns.
  • Trump continued to boast about the revenue generated from tariffs, which soared to historic highs by August.
  • Trump stated he deserved the Nobel Peace Prize for brokering peace, specifically referencing India and Pakistan.

August 11–12, 2025

  • Trump reiterated the US will maintain a 30% tariff on Chinese goods, with China reciprocating a 10% US goods tariff until at least November. He warned India of a new 25% tariff—plus an additional penalty for military and energy purchases from Russia.
  • Trump also said on social media that “any country participating in the anti-American policies of BRICS” will face an extra 10% tariff with “no exceptions,” following BRICS’ criticism of his unilateral tariffs.

August 15–16, 2025

  • Trump announced upcoming tariffs on semiconductor imports, which could be as high as 300%, saying these are part of the next wave of his administration’s trade policy and would be unveiled “over the next couple of weeks” to “keep US technology secure and jobs at home.”

August 17, 2025

  • In a televised interview, Trump again claimed credit for averting a nuclear escalation between India and Pakistan earlier in the year, stating, “Wars are wars, but my first job is to save lives—even a nuclear conflict can be ended if you use leverage.” He repeated that his use of tariffs, particularly threats to both sides, helped broker ceasefires not just in South Asia but in other global hot spots.
  • Trump further claimed he averaged “about one peace deal or ceasefire per month” during his second term, emphasizing his role in de-escalating recent regional conflicts—from Ukraine to Southeast Asia.

Additionally (2025)

  • Throughout his term, Trump has threatened a 100% tariff against any BRICS nation advancing plans to create a rival currency to the US dollar, strongly criticizing the bloc’s move toward de-dollarization.

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