#TrumpTariffs

The tariffs imposed by Donald Trump during his presidency (2017-2021) generated multiple economic and political problems. Primarily aimed at China, but also at the EU, Mexico, and Canada, they sought to protect the American industry but had controversial effects.

One of the greatest impacts was the increase in costs for businesses and consumers. By raising the prices of imported products, such as steel, electronics, and appliances, many companies passed the cost onto final prices, affecting purchasing power. Sectors such as automotive and construction faced higher expenses for materials.

China responded with retaliatory tariffs, harming American exports, especially agricultural ones. Soybean, corn, and pork producers lost key markets, requiring government subsidies to compensate.

Trade tensions destabilized global supply chains, leading companies to relocate production, increasing uncertainty. Additionally, relations with traditional allies, such as the EU and Mexico, were weakened, as they saw the measures as aggressive protectionism.

Although some industrial sectors benefited temporarily, studies indicate that the tariffs did not reverse the long-term manufacturing decline. Ultimately, the trade conflict with China continued under Biden, demonstrating that the issue was more complex than just tariffs. In summary, these policies generated more friction than lasting solutions.