#TrumpTariffs "The #TrumpTariffs, imposed during the Trump administration, reshaped global trade dynamics by levying heavy taxes on imports from China and other nations. Intended to protect U.S. industries, these tariffs triggered retaliatory measures, igniting a costly U.S.-China trade war. While sectors like steel saw short-term relief, consumers faced higher prices on electronics, machinery, and agricultural goods. Supply chains were disrupted, pushing companies to diversify production away from China. Despite the political shift, the Biden administration retained most tariffs, signaling bipartisan support for protectionist policies. This continuity underscores a strategic pivot toward economic nationalism, impacting global markets and investment strategies. Businesses now balance cost pressures with the need for resilient supply chains amid lingering trade uncertainties. As geopolitical tensions evolve, the long-term effects of these tariffs remain pivotal in shaping economic policies and market forecasts worldwide."