#TrumpTariffs 🛑 #TrumpTariffs – Trade Tensions Resurface
Former President Donald Trump has reignited global trade debates with plans to impose universal tariffs if reelected, potentially starting at 10% on all imports and up to 60% on Chinese goods. This protectionist approach aims to boost U.S. manufacturing and reduce trade deficits but risks sparking retaliatory tariffs and global economic friction.
📦 What’s at stake?
Higher consumer prices in the U.S.
Disruption to global supply chains
Strained relations with major trade partners like China, the EU, and Mexico
💬 Critics warn it could trigger inflation and harm exporters, while supporters argue it's needed to level the playing field.