#TrumpTariffs
#TrumpTariffs Trump's Tariffs and Their Impact on the Global Economy
Trump's tariffs are considered part of the trade policy pursued by the administration of U.S. President Donald Trump, where high tariffs were imposed on a range of imported goods from countries like China. The aim of these tariffs was to protect American industries and promote domestic production within the framework of the 'America First' strategy.
However, these tariffs significantly affected the global economy, leading to increased costs of imported goods, which impacted consumers and businesses. They also created trade tensions between the United States and its trading partners, contributing to the escalation of trade disputes.