📉 #TrumpTariffs Return?
Trump stated that if elected, he would raise import tariffs by up to 60% on goods from China.
The reason? To protect US industries & reduce economic dependence on foreign countries.
But...
🔻 Is this a solution or will it trigger a second trade war?
💡 When tariffs were raised (2018-2019), many US companies actually raised prices instead of moving factories.
The questions are:
➡️ Is this policy really effective?
➡️ What is the impact on the global market, inflation, and even crypto?