One year on, what remains of Trump's tariffs?

President Donald Trump's sweeping tariff regime, unveiled a year ago under the banner of "Liberation Day," has reshaped global trade dynamics, though the full scope of those duties remains in flux after months of implementation, negotiation, and market adjustment. The tariffs were designed to protect American industries and reshape trade relationships, but their actual impact has been mixed—with some provisions modified, others scaled back, and ongoing uncertainty about which measures will persist. A year into the policy, the global trading environment remains volatile, affecting everything from consumer prices to corporate supply chains across multiple sectors. The story also examines secondary effects of economic shifts: soaring oil prices in Europe have driven French consumers toward car-pooling services as a cost-saving measure. The tariff regime illustrates the tension between Trump administration trade policy goals and the practical economic fallout from such sweeping interventions.