#TrumpTariffs
Implemented in 2018-2019, former President Donald Trump imposed tariffs targeting steel (25%) and aluminum (10%) imports, alongside $370 billion in Chinese goods under Section 301, aiming to revive U.S. manufacturing and counter unfair trade practices. Proponents argued they protected industries and jobs, while critics warned of trade wars, higher consumer prices, and supply chain disruptions. Though some sectors saw short-term gains, studies indicated economic costs outweighed benefits, with tariffs largely absorbed by U.S. businesses and households. The policies sparked global retaliation and debates over protectionism’s efficacy, leaving a complex legacy on trade strategy and international relations.