#TrumpTariffs Trump's tariff policy is known as one of the main tools in his protectionist strategy and international trade negotiations. Broadly speaking, here are the key points regarding Trump's tariffs:

1. Policy Objectives

Protection of Domestic Industry:

Trump claims that tariffs will protect important American industries such as steel, aluminum, and the manufacturing sector from cheap foreign competition. He argues that this action can reduce trade deficits and support job creation domestically.

Renegotiating Trade Agreements:

Tariffs are also used as a bargaining tool to force partner countries, such as China, Canada, and Mexico, to adjust their trade practices—for instance, increasing imports of American goods or addressing issues such as illegal crossings and drug trafficking.

2. Implementation of Tariffs

Tariffs on Steel and Aluminum:

During his first term in office, Trump introduced tariffs on steel and aluminum to protect domestic producers. These tariffs subsequently affected many sectors that use these materials as production inputs, thereby impacting consumer prices overall.

Tariffs on Goods from China, Canada, and Mexico:

In addition to steel and aluminum, Trump's tariff policy also includes a significant number of imported goods from China, aimed at reducing the trade