#CryptoTariffDrop Trump Tariffs are import tariff policies implemented by former US President Donald Trump to protect domestic industries. He raised import taxes on goods from other countries, especially China, making foreign products more expensive and US products more competitive. This policy triggered a trade war, as other countries retaliated with similar tariffs. Goods such as steel, aluminum, electronics, and agriculture were affected. As a result, prices of goods increased, markets became unstable, and many businesses in the US and globally were impacted. The main objective was to reduce dependence on imports and strengthen the US economy.
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