#TrumpTariffs Former President Donald Trump's tariffs, particularly those imposed during his administration (2017–2021), were aimed at reducing the U.S. trade deficit and encouraging domestic manufacturing by taxing imported goods, especially from China. These tariffs sparked global trade tensions and had mixed results—while some industries benefited, others faced higher costs. In recent developments, Trump has suggested expanding tariffs if re-elected, potentially applying a universal tariff on all imports. This signals a return to protectionist policies, which could have major implications for global trade, supply chains, and inflation. The importance of these policies lies in how they shape U.S. economic competitiveness and international relations moving forward.#BinanceAlphaAlert