#TrumpTariffs *#TrumpTariffs* refers to trade tariffs introduced or proposed by *Donald Trump*, especially during his presidency (2017–2021) and again in his 2025 term.
🔍 Key Context:
1. *Initial Tariff Era (2018–2020)*
- Imposed heavy tariffs on *Chinese goods* (steel, electronics, etc.)
- Sparked the *U.S.–China trade war*
- Aimed at boosting U.S. manufacturing and reducing trade deficits
2. *2025 Proposals (Current)*
- Trump has proposed:
- *60% tariff* on all imports from China
- *10% universal tariff* on all imports
- Focused on *economic nationalism*, reshoring jobs, and penalizing countries with trade imbalances
3. *Market Impact*
- Could raise consumer prices
- Affects global supply chains
- Mixed effect on crypto—may boost Bitcoin as a hedge against economic uncertainty
4. *Political Reaction*
- Supported by protectionist groups and some U.S. industries
- Criticized by free-market advocates, trade partners, and inflation watchers
Want a timeline of Trump tariff actions or impact on specific sectors like EVs or crypto?