#TrumpTariffs trade policies implemented by former U.S. President Donald Trump, primarily between 2018 and 2020, aimed at reducing trade deficits and protecting American industries. Key targets included China, the European Union, Mexico, and Canada. The most notable were tariffs on steel (25%) and aluminum (10%), as well as hundreds of billions of dollars’ worth of Chinese goods. These actions sparked retaliatory tariffs, leading to trade tensions and uncertainty in global markets. Supporters argued the tariffs pressured foreign governments to negotiate fairer trade deals, while critics claimed they increased costs for American businesses and consumers. The tariffs significantly impacted sectors like agriculture, manufacturing, and retail, and remain a central topic in debates over trade policy and economic nationalism.
#BinanceAlphaPoints
