Economic policy during President Trump’s first hundred days in office has been anything but business as usual.

Trump’s tariffs have reset global trade relations and put businesses and investors in thrall to the administration’s every move.

Trump has blitzed regulatory agencies and ordered wide-ranging government layoffs, taking the “move fast and break things” mantra espoused by his supporters in the tech world to new extremes. The whirlwind cadence of orders and reversals has left U.S. economic allies and adversaries alike trying to figure out where Trump’s policies are going to land.

Even U.S. financial assets — traditional safe havens in times of economic distress from recessions to wars — have shown signs of weakness.

Here’s a look at the effect Trump’s policies have had on the economy during his first hundred days.

Century-high tariff rates

The overall U.S. tariff rate stands above 25 percent, the highest level in more than a century, according to an analysis by the International Monetary Fund (IMF).

Major components of the overall tariff rate include a 145 percent tariff on China, a 10 percent general tariff, and targeted tariffs on lumber, automobiles, metals and other goods.

Monetary authorities have painted a stagflationary picture of the import taxes, with groups from the IMF to the Federal Reserve saying they expect higher prices and lower economic growth as a result.

“[The tariff level] on its own is a major negative shock to growth,” IMF economists wrote in an April economic outlook.

Trump has delivered his tariffs in fits and starts, issuing orders followed by quick reversals on multiple occasions.

Cancellations include 25 percent tariffs on Canada and Mexico, the end of the de minimis exemption on shipments from China worth less than $800, and the pause of country-specific tariffs of various rates on dozens of U.S. trading partners. The Commerce Department on Tuesday also scaled back its tariff on auto parts scheduled for May 3.

“This is intended to keep [trading partners] off-balance,” Bill Reinsch, chair of international business at the Center for Strategic and International Studies, told The Hill. “It allows the U.S. to take a maximalist position and then to fall back from that, which is Trump’s normal style.”

Wall Street investors have blasted the tariffs. Billionaire hedge fund manager Bill Ackman said Trump’s country-specific tariffs were based on “bad math” and that........

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