President Donald Trump and his economic team are increasingly focusing on the revenues his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path ahead for countries trying to avoid a trade war.

Starting Tuesday, nearly all imports from Canada and Mexico will be charged a 25% tariff, while goods from China will be charged a 10% tariff.

Since returning to office last month, U.S. President Donald Trump has initiated numerous tariffs and made even more frequent threats to impose levies on imported goods.

Chinese tariffs on U.S. products including LNG, coal and agricultural equipment were imposed Monday, in response to Trump’s 10 percent blanket levy.

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President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2, a move that would dramatically widen the president’s trade war.

President Donald Trump‘s latest tariff threats against America’s three largest trading partners could cost U.S. households an average of $800 in 2025, according to a report, marking an escalation from his first-term trade wars.

The White House has touted using tariffs for everything from reducing trade imbalances to increasing leverage over countries to hammer out deals. Economists question Trump's logic, warning that tariffs will lead to slower growth and thus declining government revenues while also prompting retaliation from other nations.