#TrumpTariffs Trump imposes billions of dollars in tariffs on:

Steel & aluminum

Electronics, cars, machinery, agriculture, etc.

China retaliates with counter-tariffs on US products such as:

Soybeans

Meat

Other industrial products

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💥 Key Impacts:

1. Increased consumer prices in the US

2. Pressure on US farmers & exporters

3. Disruption of global supply chains

4. Lengthy trade negotiations, including:

“Phase One Deal” (January 2020): China agreed to purchase more US products