#DayTradingStrategy

The **#TrumpTariffs** refer to the series of tariffs imposed by the Trump administration on various imports, particularly targeting China, as part of its trade policy. Key points:

1. **Main Tariffs**:

- **Section 301 Tariffs**: Imposed on $370+ billion worth of Chinese goods (up to 25%) over alleged unfair trade practices.

- **Steel (25%) & Aluminum (10%) Tariffs**: Global tariffs under Section 232, citing national security concerns.

- **Other Targets**: Included the EU, Canada, and Mexico before some exemptions.

2. **Goals**:

- Reduce the U.S. trade deficit.

- Pressure China on IP theft and forced tech transfers.

- Boost domestic manufacturing.

3. **Impact**:

- Increased costs for U.S. businesses/consumers.

- Retaliatory tariffs hurt U.S. farmers/exporters.

- Mixed results on trade deficits and manufacturing.

4. **Biden’s Policy**:

- Largely maintained Trump-era tariffs.

- Added new restrictions (e.g., semiconductors, EVs).

5. **Trump’s 2024 Proposal**:

- **10% universal baseline tariff** on all imports.

- **60%+ tariffs on Chinese goods**.

Would you like details on a specific aspect?