#TrumpTariffs

Trump's tariffs were a major part of his "America First" economic strategy, aimed at reducing the U.S. trade deficit and protecting domestic industries. Starting in 2018, his administration imposed tariffs on steel, aluminum, and hundreds of billions of dollars' worth of Chinese goods, leading to a trade war. China and other countries retaliated with tariffs on American exports, affecting farmers and manufacturers. While supporters argued the tariffs helped rebuild American manufacturing and counter China's unfair trade practices, critics pointed to higher costs for businesses and consumers. Many industries reliant on imports, including the auto and tech sectors, faced increased expenses. Despite criticisms, some tariffs remained under the Biden administration, though efforts have shifted toward renegotiating trade agreements rather than escalating tariff policies.