#TrumpTariffs If re-elected, Trump may reintroduce aggressive tariffs on imports, particularly targeting China and Europe. His "America First" policy would likely impose higher taxes on foreign goods like electronics, steel, and electric vehicles to boost U.S. manufacturing. While this could create some domestic jobs, consumers may face higher prices for everyday products. Trade wars could escalate, disrupting global supply chains and sparking retaliatory tariffs. Stocks tied to international trade may fluctuate sharply. The long-term impact remains debated—tariffs could strengthen U.S. industries but risk inflation and strained foreign relations. Businesses and households should prepare for potential economic shifts in 2025.