#DayTradingStrategy

Donald Trump's tariffs aim to protect US industries and jobs by taxing imported goods. Here's a breakdown ¹ ²:

- *Tariff Rates:* 10% to 70% on goods from targeted countries, including China, Canada, and Mexico

- *Affected Sectors:* Technology, manufacturing, steel, aluminum, and agricultural products

- *Goals:* Reduce US trade deficit, promote domestic manufacturing, and pressure trading partners to change unfair practices

- *Economic Impact:* Potential reduction in US GDP, higher prices for consumers, and retaliatory tariffs from other countries

- *Retaliatory Measures:* Countries like China, Canada, and the EU have imposed or threatened their own tariffs on US goods, potentially affecting $330 billion worth of US exports

The tariffs are part of Trump's broader trade policy, sparking debates about their effectiveness and potential consequences ³.