#TrumpTariffs

The term "Trump Tariffs" refers to a series of import taxes introduced by former U.S. President Donald Trump during his administration, mainly between 2018 and 2020. These tariffs were part of a broader strategy to protect American industries and reduce the U.S. trade deficit, especially with countries like China.

Under this policy, the U.S. imposed high tariffs on goods such as steel, aluminum, and thousands of Chinese products. In response, many countries introduced retaliatory tariffs, leading to what was widely known as a "trade war."

Key Goals of Trump Tariffs:

Promote "America First" economic policy

Support U.S. manufacturing and jobs

Pressure countries to change unfair trade practices

While supporters argued that the tariffs helped boost American industry, critics warned of higher consumer prices and global economic tension. The long-term impact of these tariffs remains a topic of debate among economists and policymakers.