#TrumpTariffs

What They Are, Why They Matter, and Their Global Impact

📌 What are Trump Tariffs?

The term “Trump Tariffs” refers to the import taxes imposed by former U.S. President Donald Trump’s administration (2018–2020) on various goods from countries like China, the European Union, Mexico, and Canada. These tariffs were part of Trump’s “America First” policy aimed at protecting American industries and reducing the U.S. trade deficit.

---

🎯 Goals of the Tariffs

1️⃣ Protect U.S. manufacturing and steel industries from foreign competition.

2️⃣ Reduce the trade deficit (gap between imports and exports).

3️⃣ Pressure China to change trade practices, address intellectual property theft, and stop forced technology transfers.

4️⃣ Bring jobs back to the U.S. and encourage domestic production.