#MarketPullback

During his presidency, Donald Trump implemented a series of tariffs as part of his "America First" trade policy, targeting countries like China, the EU, and Canada. These tariffs, often justified as protecting U.S. industries, sparked trade wars and economic debates. Supporters argued they strengthened domestic manufacturing and pressured trading partners to renegotiate deals, such as the USMCA replacing NAFTA. Critics, however, warned of higher consumer prices, retaliatory tariffs, and disruptions to global supply chains. The China tariffs, in particular, escalated tensions, leading to prolonged negotiations. While some industries benefited, others, like agriculture, suffered losses, prompting federal aid. Trump's aggressive tariff approach reshaped U.S. trade relations, leaving a lasting economic impact