*Donald Trump, Tarrifs, Currency war and the Volatility.* Donald Trump has recently implemented tariffs on China, Canada and Maxico. 💥 W.E.F. February 1, 2025, the US has imposed a 10% tariff on imports from China, responding to the latter's role in the fentanyl crisis. 👉 Along with China,Trump imposed up to 25% tariffs on all goods from Canada and Mexico, curbing illegal drug trafficking and immigration.