President Donald Trump speaks before signing an executive order in the South Court Auditorium in the Eisenhower Executive Office Building in Washington, DC, on Aug. 5, 2025. Win McNamee/Getty Images
President Donald Trump’s second term is reshaping U.S. foreign policy—this time with tariffs as the centerpiece.
No longer just an economic tool, tariffs are now the administration’s primary diplomatic lever, used to end conflicts, secure trade concessions, and pressure rivals.