#TrumpTariffs Former President Donald Trump has proposed new tariffs if re-elected in 2024, including a universal 10% tariff on all imports and higher levies on goods from China. Supporters argue this would protect American jobs and industries, while critics warn it could increase consumer prices and spark trade wars. His past tariffs, particularly on steel and aluminum, led to retaliatory measures from other countries. Economists debate the effectiveness of such policies, with some citing job gains in protected industries and others pointing to higher costs for businesses and consumers. The long-term impact remains uncertain, but global trade tensions could rise.

Former President Donald Trump has proposed new tariffs if re-elected in 2024, including a universal 10% tariff on all imports and higher levies on goods from China. Supporters argue this would protect American jobs and industries, while critics warn it could increase consumer prices and spark trade wars. His past tariffs, particularly on steel and aluminum, led to retaliatory measures from other countries. Economists debate the effectiveness of such policies, with some citing job gains in protected industries and others pointing to higher costs for businesses and consumers. The long-term impact remains uncertain, but global trade tensions could rise.