#TrumpTariffs

The Trump tariffs, introduced during former President Donald Trump's administration, had a major impact on global trade and the U.S. economy. These tariffs were primarily aimed at reducing the U.S. trade deficit and protecting American industries, especially steel and aluminum. However, they also sparked trade wars with countries like China, leading to retaliatory tariffs on U.S. goods. While some manufacturers saw short-term benefits, others struggled with higher costs for imported materials. Farmers, in particular, were hit hard due to reduced exports. The Trump tariffs remain a controversial topic, raising questions about the long-term effectiveness of protectionist trade policies in a globalized economy.