#TrumpTariffs
📌 What are Trump's tariffs? And why are they considered influential?
Trump Tariffs are customs duties imposed by the administration of former U.S. President Donald Trump on imports from countries such as China, the European Union, Canada, and others, as part of the 'America First' policies.
🔍 Goal: To protect American industries from foreign competition and achieve a trade balance.
⚠️ However, the effects were dual:
• Increased prices for American consumers
• Tension in trade relations with partners
• Impact on American farmers and exporters
📊 These tariffs continue to provoke widespread debate to this day and affect the global economy and supply chains.
