Trump overturned decades of US trade policy in 2025

UNDATED-AP- Since returning to the White House in January, President Donald Trump has overturned decades of U.S. trade policy — building a wall of tariffs around what used to be a wide open economy. His double-digit taxes on imports from almost every country on earth have disrupted global commerce and strained the budgets of consumers and businesses worldwide. They have also raised tens of billions of dollars for the U.S. Treasury. Still, the erratic way the president rolled out his tariffs made 2025 one of the most turbulent economic years in recent memory.