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๐ฐ Trump Tariffs โ What You Should Know
Former U.S. President Donald Trump introduced tariffs (extra taxes) on goods coming from other countries โ especially China.
๐น Why?
He wanted to protect American businesses and reduce imports.
๐น What Happened?
Prices of some goods increased.
It affected trade between the U.S. and other countries.
Some U.S. industries benefited, but others faced higher costs.
๐น Now What?
Trump has said that if he becomes president again, he may increase tariffs on Chinese products and introduce new ones on others.
๐ These tariffs can affect global trade, prices, and markets, including crypto and stocks.