#TrumpTariffs When former U.S. President Donald Trump announced a series of tariffs during his time in office (2017–2021), it marked a major shift in U.S. trade policy. These tariffs, aimed at protecting American industries, sparked debates, economic shifts, and global reactions that are still discussed today.
📌 What Were Trump’s Tariffs?
Trump’s tariffs were taxes on imported goods, meant to make foreign products more expensive and encourage Americans to buy domestic products instead.
Key tariffs included:
Steel and Aluminum Tariffs (2018):
25% tariff on imported steel.
10% tariff on imported aluminum.
China Tariffs (2018–2019):
Tariffs on over $360 billion worth of Chinese goods, covering electronics, machinery, clothing, and more.
Tariffs on EU, Canada, and Mexico:
Initially applied, though later partially lifted through agreements.