President Donald Trump has emphasized his preference for tariffs, asserting that the term 'tariff' ranks among the most appealing in business vernacular.

This remark has prompted some light-hearted commentary in Washington regarding Trump's penchant for imposing tariffs on both allies and competitors alike.

Since beginning his second term, Trump has issued a series of executive orders with immediate or near-term effect, mandating tariffs on essential imported goods from nations including China, Europe, Canada, and Mexico.

On Wednesday, Trump unveiled an extensive set of executive orders that establish new tariffs on a range of countries, including Tunisia, Jordan, Egypt, Morocco, Saudi Arabia, Switzerland, South Africa, Cambodia, Japan, Singapore, Brazil, and the UAE.

Analysis of the newly imposed tariffs reveals a structure where friendly nations are subjected to rates of approximately 10%.

In contrast, countries targeted for punitive measures face tariffs starting at 25%, with some rates exceeding 30%.

Economically, countries adopt tariffs on imported goods for various reasons, primarily to boost government revenues and attain a trade balance.

This is a significant concern for the Trump administration, particularly given the current trade deficit, which stands at approximately $1.3 trillion.

Experts note that while there may be short-term benefits associated with the implementation of these tariffs, such as revenue generation, they can also lead to increased prices for consumers, heightened tensions in international trade, and diminished competitiveness of domestic products against foreign goods.

This evolving tariff strategy is prompting careful observation and scrutiny from various stakeholders in the global marketplace.