#TrumpTariffs

The Trump tariffs refer to a series of import taxes imposed during the presidency of Donald Trump, primarily between 2018 and 2020. These tariffs were a key part of his "America First" trade policy aimed at reducing the U.S. trade deficit, reviving domestic manufacturing, and addressing unfair trade practices, particularly by China.

Major tariffs included:

Steel and aluminum tariffs (25% and 10% respectively) on imports from many countries.

Tariffs on Chinese goods.

These tariffs led to retaliatory measures from other countries, disrupted global supply chains, and raised prices for some American businesses and consumers. While they aimed to protect U.S. industries, their long-term effectiveness remains debated among economists.