#TrumpTariffs Trump's tariffs! Here is what you need to know about the former U.S. president's trade policies:

# What are Trump's tariffs?

Trump's tariffs are taxes on imported goods from other countries, aimed at protecting the American economy.

# Economic impact

- Increase in the average import tax rate to 16.5%, the highest since 1937

- Reduction of U.S. GDP by 0.7%

- Loss of over 600,000 jobs

# Affected countries

- China: 10% tariff on all imports

- Mexico and Canada: 25% tariff on some imports

- European Union: 20% tariff on some imports

# Consequences

- Increase in prices for American consumers

- Reduction in the competitiveness of American companies

- Retaliatory responses from other countries, affecting U.S. exports ¹