#TrumpTariffs The Trump Tariffs refer to the tariff rates imposed by the administration of former President Donald Trump during his term, especially in 2018 and 2019. These measures were implemented as part of a strategy to protect the American industry and reduce the trade deficit, primarily against countries like China. However, the tariffs generated controversy, as they affected consumers and businesses that depended on imported products. The tariffs led to trade tensions and retaliations, creating an uncertain economic environment. Despite the intentions to revitalize the local economy, the Trump Tariffs also highlighted the complexity of global trade policy and its repercussions in the market.
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