#TrumpTariffs Post 1: Economic Perspective

The #TrumpTariffs were marketed as a bold strategy to protect American industries, but many economists argue they caused more harm than good. Tariffs on Chinese goods, steel, and aluminum led to higher prices for consumers and retaliatory tariffs that hit U.S. farmers hard. Companies faced increased costs, leading to job losses in sectors dependent on global supply chains. While some industries saw short-term benefits, the overall impact disrupted trade and increased uncertainty for investors. Trade wars may sound tough, but they often end with working families paying the price. Is protectionism worth the pain? Let’s talk. #Economy #TradeWar