#TrumpTariffs What are the Trump Tariffs and why do they matter in the markets?
The so-called Trump Tariffs refer to the trade tariffs imposed during the administration of former President Donald Trump, especially between 2018 and 2020. Their main objective was to protect the American industry by applying tariffs on thousands of imported products, primarily from China.
These measures generated a trade war that heavily impacted global markets, including commodities, technology, and even cryptocurrencies, due to economic uncertainty.