Real Effects of #TrumpTariffs on the Ground
The tariff policies implemented during the Trump administration—known as #TrumpTariffs—have had a wide-ranging impact on global supply chains and the domestic economy of the United States. Its main objective was to reduce dependence on imported goods, especially from China, and to encourage domestic production. However, the reality is more complex. Many small business operators are burdened by rising raw material costs. While some manufacturing industries do enjoy protection, consumers are forced to pay more for everyday products. This policy has also triggered a trade war that has strained international relations. Now, the question is: are the benefits really worth the costs?
#GlobalEconomy #TradePolicy #TrumpTariffs #TradeWar #ImportExport