#TrumpTariffs Trump's tariffs are taxes imposed on imported goods, impacting US trade policies. The tariffs have been used to:
- *Protect domestic industries*: By increasing the cost of imported goods, tariffs aim to boost domestic production.
- *Punish trade partners*: Tariffs have been imposed on countries deemed to have unfair trade practices.
- *Generate revenue*: Tariffs can raise significant revenue for the government.
However, Trump's tariffs have also led to:
- *Trade wars*: Retaliatory tariffs from other countries have hurt US exports.
- *Higher prices*: Tariffs have increased costs for US consumers and businesses.
- *Economic uncertainty*: Tariffs have created uncertainty, affecting investment and growth [1][2].