#TrumpTariffs

Trump's tariffs were part of his economic policy "America First", aimed at reducing the U.S. trade deficit and supporting American manufacturers.

Recall that on April 2, 2025, U.S. President Donald Trump implemented a large package of customs tariffs, including reciprocal and basic tariffs.

Most experts called this the main reason for the collapse of the cryptocurrency market.

They primarily affected imports from China, steel, and aluminum. Due to these tariffs, prices for some goods in the U.S. increased, causing disputes among economists and entrepreneurs. On one hand, this was supposed to stimulate domestic production, while on the other, it created tension in international trade.

Some countries imposed their own tariffs in response.

In the end, this strategy left a mixed legacy — it helped some, while harming others.