#TrumpTarif
The tariff policy adopted by President Donald Trump, known as #TrumpTariffs, refers to the imposition of high tariffs on imports with the aim of protecting domestic industries and boosting American production. However, this policy has sparked widespread debate about its economic effects.
📉 Economic Impacts
Contraction in the manufacturing sector: Despite imposing tariffs of up to 50% on steel and aluminum imports, the American manufacturing sector has seen a decline. The Purchasing Managers' Index showed a decrease for the third consecutive month, indicating a contraction in industrial activity.