Trump Tariffs Overview:

Do you remember the Trump tariffs? They were customs duties imposed by the Trump administration on imported goods from various countries, especially China. The goal was to protect American industries and reduce the trade deficit.

But what is their impact? The tariffs led to higher prices for American consumers and affected companies that relied on imported materials. They also sparked trade tensions with other countries, leading to retaliatory tariffs.

Were the tariffs beneficial? That's a complicated question. Some see them as helping American industries, while others believe they harmed the economy.