#TrumpTariffs
The recent American taxes imposed on China
Trump and tariffs: the story simply! 🇺🇸💰
In 2018, Trump decided to say "America First" in a... costly way!
Imposed tariffs on imports from China and others under the pretext of protecting domestic industry.
But the result? China retaliated with its tariffs, and a "trade war" began, not with fire or gunpowder... but with bills! 🔥
👛 Who paid the price?
1️⃣ American companies raised their prices to compensate for costs
2️⃣ The average consumer (meaning you and I) paid the price difference
3️⃣ Some farmers found their exports trapped, as if they were playing chess with one piece 🧀
😂 A humorous point?
Trump said "trade is easy to win", but if it were a match... maybe the referee blew the whistle and the first half ended with both teams losing! ⚽
🚨 The lesson?
Tariffs are an economic weapon... but you must know when to use it, and how to deal with the backlash.