#TrumpTariffs are trade taxes imposed during Donald Trump's presidency, mainly targeting China and other trading partners. The goal was to reduce the U.S. trade deficit and push for fairer trade. These tariffs made imported goods more expensive, encouraging domestic production. However, they also raised costs for U.S. businesses and consumers, disrupted supply chains, and caused market volatility. In the stock market, tariffs often led to short-term drops, especially in sectors reliant on global trade like tech, auto, and agriculture. Investors watch tariff news closely, as it can signal inflation risks and affect global economic confidence.