#TrumpTariffs Impact and Controversy of Trump's Trade Policy.
The tariff policy implemented by President Donald Trump, known as #TrumpTariffs, has come back into the spotlight in 2025. These tariffs, targeting various US trading partner countries such as China, Canada, and the UK, aim to reduce the US trade deficit, promote local production, and create jobs. However, this policy has sparked both support and opposition among economic actors and the public.
In April 2025, Trump announced high tariffs, including tariffs of up to 145% on imported goods from China, which were then reduced to 30% after negotiations in Geneva. This agreement, referred to as a "total refresh" of US-China trade relations, also led China to cut its retaliatory tariffs from 125% to 10%. Although considered to ease tensions in the trade war, these still high tariffs are expected to continue raising consumer goods prices, from electronics to foodstuffs, potentially burdening US households by up to $2,800 per year.
On the other hand, supporters of #TrumpTariffs, as expressed in posts on X, describe this policy as a strategy to strengthen the US economy by encouraging local manufacturing and generating new tax revenue. However, criticism has also emerged, with some parties stating that the losses in the stock market due to the initial tariff announcement far exceed the potential gains from reducing the trade deficit.
#TrumpTariffs also affects other countries. For instance, the tariffs on Canada sparked a debate on whether the US truly needs trade relations with its neighbor. Meanwhile, the agreement with the UK demonstrates Trump's efforts to balance protectionist policies with bilateral negotiations.
Despite yielding results such as a temporary agreement with China, #TrumpTariffs still leaves uncertainty. Analysts predict that US economic growth could be hindered by 0.7% and lose up to 456,000 jobs by the end of 2025 if the tariffs continue.