Former President Donald Trump recently expressed strong confidence in the progress of his administration’s tariff policies, describing them as proceeding “very smoothly.” Trump emphasized that these tariffs are achieving their objectives and generating substantial revenue for the United States. He highlighted the effectiveness of the measures, noting their positive impact on federal revenue, which has reached its highest level in decades from tariff collections.

Trump reiterated his commitment to using tariffs as a negotiating tool in trade discussions, aiming to secure better deals for American businesses and workers. He indicated a willingness to expand trade agreements with more countries, stressing that his administration is always open to constructive dialogue if it benefits American interests. Trump pointed to ongoing negotiations with key trading partners, underscoring efforts to reach equitable and mutually beneficial outcomes.

In the latest developments, the administration has imposed or raised tariffs on imports from several countries, including notable increases on certain products from Mexico, Canada, Brazil, and others. Some exemptions remain in place, particularly for goods covered under existing agreements like the USMCA, ensuring that essential trade flows are not disrupted. Trump also announced administrative adjustments—such as changes to the de minimis exemption—aimed at closing gaps that allowed certain imports to bypass tariffs.

Looking ahead, Trump affirmed that tariff policy will remain a central tool of his economic agenda. He reiterated that the goal is not to hinder global trade but to achieve fair competition while protecting American jobs and industries. Trump concluded by inviting other nations to engage in open discussions, signaling readiness to form new or improved trade agreements that align with the evolving interests and priorities of the United States.