From early February to mid-February of 2025, President Donald Trump has initiated significant changes to U.S. trade policy through a series of tariff implementations. On February 1st, 2025, he announced a 25% tariff on all imports from Canada and Mexico, excluding energy products from Canada, which would face a 10% tariff. However, these tariffs were paused for one month following agreements with both countries to enhance border security measures. Subsequently, on February 10th, President Trump expanded tariffs by imposing a 25% duty on all steel and aluminum imports, effective March 12th, 2025, removing previous exemptions for nations such as Canada, Mexico, and the European Union. Further, on February 13th, he signed a memorandum directing the development of “reciprocal tariffs,” aiming to match the import taxes that other countries impose on U.S. products, thereby addressing perceived trade imbalances.