#TrumpTariffs
Trump's tariffs were taxes imposed on imported goods, mainly from China, during his presidency to protect American industries and reduce trade deficits. The goal was to encourage U.S. manufacturing by making foreign products more expensive. Key targets included steel, aluminum, and electronics. Supporters argued tariffs protected American jobs, while critics said they led to higher prices for consumers and harmed global trade relations. The tariffs sparked a trade war, especially with China, resulting in retaliatory tariffs on U.S. exports. While they aimed to boost the U.S. economy, the long-term effects remain debated among economists and business leaders.