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Story perspectives

Trump's Trade Promises: Tariffs Implemented, Many Unfulfilled

12/31/2025

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Story summary
  • In 2025, U.S. President Donald Trump announced tariff threats and trade promises, many unfulfilled by year-end.
  • Some tariffs, such as those on imported metals, were implemented.
  • Others, including a 100% tariff on foreign films and levies on pharmaceuticals, did not materialize.
  • The EU postponed its levy on American whiskey, and Trump’s European alcohol threats did not materialize.
  • Budget experts questioned the feasibility of promised rebates amid tariff uncertainty.