#TrumpTariffs

Economic Impact on trumptariffs:-

On Consumers:

Raised prices on imported goods, affecting everything from electronics to clothing.

Affected American businesses relying on global supply chains.

On Farmers:

U.S. agricultural exports, especially soybeans, were targeted in retaliatory tariffs by China.

Trump administration provided billions in subsidies to affected farmers.

On Jobs and Manufacturing:

Mixed results: Some steel jobs were saved or created, but higher costs hurt manufacturers using steel/aluminum.

Trade uncertainty led some companies to delay investment.

GDP and Inflation:

Estimated to have reduced U.S. GDP by 0.3–0.5% and increased inflation slightly during Trump’s term.