$BTC #TrumpTariffs refer to the trade policies implemented by former President Donald Trump, primarily targeting China, but also affecting allies like Canada, Mexico, and the EU. These tariffs imposed taxes on imported goods such as steel, aluminum, and hundreds of billions in Chinese products, aiming to protect U.S. industries and reduce the trade deficit. While supporters argued they pressured foreign governments to negotiate fairer trade deals, critics said they hurt American consumers and farmers by raising prices and provoking retaliatory tariffs. The policy sparked global trade tensions and remains a contentious issue in U.S. economic and foreign policy debates.
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