Trump made lots of tariff threats. Here’s some that never materialized

President Donald Trump has made numerous tariff threats and trade promises throughout the year, some of which have materialized into new import taxes that have disrupted the U.S. economic landscape. However, as 2025 comes to a close, several of his threats have yet to be fulfilled.

Trump’s approach of using high levies to pressure other countries into new trade deals, retaliate against measures, or punish political critics has been evident in his tariff threats. While some tariffs have gone into effect, such as those on imported metals and tit-for-tat levies with top trading partners like China, others have not come to fruition.

Here is a look at some of Trump’s biggest tariff threats and promises that remain unrealized as the year ends:

1. External Revenue Service:
– Trump announced the establishment of the External Revenue Service to collect tariffs, duties, and revenues, but the entity has not been established yet.

2. 200% tariff on European wine, Champagne, and spirits:
– Trump threatened a 200% tariff on European alcohol, but the EU’s planned levy on American whiskey was postponed, and no such tariff was imposed.

3. 100% tariff on foreign-made films:
– Despite repeated threats, the U.S. has not imposed a 100% tariff on foreign films, and the decision remains pending.

4. Tariffs on pharmaceutical drugs:
– Trump suggested imposing a 100% tariff on pharmaceutical products, but no such levy has been put in place as of today.

5. 100% tariff on computer chips:
– Trump announced plans to impose a 100% tariff on computer chips, but the levy has yet to go into effect.

6. $2,000 tariff dividend:
– Trump proposed a $2,000 tariff dividend for Americans, but details on how and when it will be implemented remain scarce.

As the year comes to a close, the status of these tariff threats and promises remains uncertain, leaving consumers and businesses worldwide in a state of uncertainty.