#DayTradingStrategy Trump tariffs were a key component of former U.S. President Donald Trump’s economic policy, particularly during his administration from 2017 to 2021. Aimed at reducing the U.S. trade deficit and promoting domestic manufacturing, Trump imposed tariffs on hundreds of billions of dollars’ worth of imported goods, especially from China. These tariffs targeted steel, aluminum, and consumer goods, sparking trade tensions and retaliatory tariffs from other nations. Supporters argued the tariffs protected American jobs and pressured countries to negotiate better trade deals. Critics, however, claimed they increased costs for consumers and businesses, disrupted global supply chains, and hurt U.S. farmers and exporters.
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