#TrumpTariffs

@Follow&Like

🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲🇺🇲

During his presidency, Donald Trump implemented aggressive tariff policies aimed at protecting U.S. industries and reducing trade deficits. His administration imposed billions in tariffs, particularly on Chinese goods, citing unfair trade practices and intellectual property theft. Key measures included Section 301 tariffs on $370 billion worth of Chinese imports and steel/aluminum tariffs on allies like the EU and Canada. While these policies boosted some domestic manufacturers, they also led to higher consumer prices, trade wars, and retaliatory tariffs. Critics argued they hurt farmers and businesses reliant on global supply chains. Trump defended the tariffs as necessary for economic sovereignty, setting a precedent for future U.S. trade policy.