#DayTradingStrategy Trump Tariffs: American Tariffs! 📈
*What are tariffs?*
- *Tariffs*: These are taxes imposed by the government on imported goods.
- *Purpose*: The purpose of tariffs is to protect domestic industries and stimulate the economy.
*Trump's Tariffs*
- *Decision*: In 2018, U.S. President Donald Trump imposed tariffs on many goods imported from China and other countries.
- *Impact*: The tariffs drew criticism from many countries, claiming that this move harms global trade.
*Conclusion*
- *Global Trade*: Tariffs can affect global trade and cause tensions between countries.
- *Economy*: Tariffs can lead to price increases and negative effects on the economy.