#TrumpTariffs

Former President Donald Trump has pledged to reinstate and expand tariffs if re-elected in 2024, proposing a universal 10% tariff on all imports. He argues this would protect American manufacturing and reduce reliance on foreign goods, especially from China. Critics warn that such tariffs could trigger trade wars, increase consumer prices, and strain international relations. Economists note that while tariffs may offer short-term industry protection, they often hurt consumers and disrupt global supply chains. Trump's prior tariff policies during his presidency had mixed results, with some job gains in specific sectors but broader economic costs across various industries.