Since their implementation, the tariffs imposed by Donald Trump on countries like China, Mexico, and members of the European Union have generated intense debate about their real impact on the U.S. and global economy. The so-called Trump Tariffs were central to his economic policy under the slogan 'America First.' With these tariffs, the former president sought to reduce the trade deficit, revitalize domestic manufacturing, and push for fairer trade agreements. Between 2018 and 2020, tariffs were imposed on hundreds of billions of dollars in imports, particularly on Chinese products. As a result, a trade war ensued with retaliatory measures that affected key industries such as agriculture, automotive, and technology. Although some manufacturing sectors saw temporary benefits, independent studies conclude that many consumers and businesses faced higher prices, affecting purchasing power and employment in certain sectors. Trump's tariffs represented an aggressive strategy that reconfigured global trade. However, their mixed effects demonstrate that protectionism has significant internal costs. With elections on the horizon, his economic legacy remains a hot topic. Remember that only you decide about your wallet; seek real and verifiable information to make informed decisions about your investments.
