#TrumpTariffs

Key Points of #trumptariff

Started in 2018 as part of a "trade war" with China.

Targeted steel (25%) and aluminum (10%) globally.

Imposed tariffs on hundreds of billions of dollars in Chinese goods.

Aimed to counter intellectual property theft, forced tech transfers, and unfair subsidies.

Affected consumers and businesses through higher prices and supply chain disruptions.

The tariffs led to retaliatory tariffs, strained global trade relations, and remain partially in place as of today.