#TrumpTariffs

**Trump Tariffs** refer to the series of tariffs imposed by the U.S. during Donald Trump's presidency (2017–2021), primarily on imports from China but also on allies like the EU, Canada, and Mexico. Key points:

- **Goal:** Protect U.S. industries, reduce trade deficits, and pressure China on intellectual property and forced technology transfers.

- **Major Actions:**

- **2018:** Steel (25%) and aluminum (10%) tariffs on many countries.

- **2018–2019:** Multiple rounds of tariffs on $370B+ of Chinese goods (up to 25%).

- China retaliated with tariffs on U.S. agricultural and manufactured goods.

- **Impact:** Mixed results—some U.S. industries benefited, but consumers and farmers faced higher costs/trade disruptions.

- **Biden’s Policy:** Many tariffs remain in place, with new ones (e.g., 2024 EV tariffs) added.

Let me know if you'd like deeper details!