#TrumpTariffs refer to the tariffs imposed by former U.S. President Donald Trump on imported goods, primarily targeting China, the European Union, and other trade partners. These tariffs aimed to reduce trade deficits, protect American industries, and encourage domestic production. However, they also led to higher costs for businesses and consumers, triggering global trade tensions. Some economists argue that the tariffs hurt U.S. farmers and manufacturers due to retaliatory measures from other countries. The policy remains a debated topic in economic and political circles, especially regarding its long-term effects on global trade.
#TradeWars #EconomicPolicy #USChinaTrade #Global trade #Tariffs