#TrumpTariffs

Trump’s tariffs, introduced during his presidency, aimed to protect American industries by imposing taxes on imported goods, particularly from China. These tariffs targeted steel, aluminum, electronics, and other key products, sparking a trade war. The administration argued tariffs would reduce trade deficits and bring back U.S. manufacturing jobs. Critics warned they increased costs for American businesses and consumers, disrupted global supply chains, and strained international relations. China retaliated with its own tariffs, escalating tensions. While some sectors benefited short-term, many economists believe the tariffs hurt economic growth and failed to deliver significant gains in reshoring jobs or improving trade balance.