#TrumpTariffs Trump's tariffs were taxes imposed on imported goods, mainly from China, during his presidency. The goal was to protect American industries and jobs. The tariffs ranged from 7.5% to 25% on over $360 billion worth of Chinese goods. While some US industries benefited, others faced increased costs and supply chain disruptions. Critics argue that tariffs hurt consumers and businesses, leading to higher prices and reduced competitiveness. The tariffs also sparked a trade war with China, impacting the global economy. Some argue it was a strategic move to renegotiate trade deals, while others see it as a protectionist measure with negative consequences.
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