#TrumpTariffs

The **#TrumpTariffs** hashtag typically refers to the trade policies and tariffs implemented by former U.S. President **Donald Trump** during his administration (2017–2021). These tariffs were a key part of his "America First" economic strategy, aimed at protecting U.S. industries, reducing trade deficits, and pressuring other countries to renegotiate trade deals.

### **Key Aspects of Trump's Tariffs:**

1. **Steel and Aluminum Tariffs (2018)**

- Imposed **25% tariffs on steel** and **10% on aluminum** imports, citing **national security** concerns under **Section 232** of the Trade Expansion Act.

- Affected allies (Canada, EU) and rivals (China), leading to retaliatory tariffs.

2. **China Trade War (2018–2020)**

- Imposed multiple rounds of tariffs on **$370+ billion** worth of Chinese goods under **Section 301** (targeting intellectual property theft).

- China retaliated with tariffs on U.S. agricultural and manufacturing goods.

- Led to the **Phase One trade deal (2020)**, where China pledged to buy more U.S. goods.

3. **Other Targeted Tariffs**

- Tariffs on **washing machines, solar panels, and EU goods** (e.g., wine, cheese).

- Threats of auto tariffs on EU/Japan (never fully implemented).

### **Arguments For & Against Trump's Tariffs:**

| **Supporters Argued** | **Critics Argued** |

|----------------------|-------------------|

| Protected U.S. industries (steel, manufacturing) | Increased costs for U.S. consumers & businesses |

| Pressured China on unfair trade practices | Hurt U.S. farmers (due to Chinese retaliation) |

| Boosted domestic production in some sectors | Damaged relations with allies (EU, Canada, Mexico) |

| Reduced reliance on foreign supply chains | Led to higher prices for goods (e.g., appliances, cars) |

### **Current Status (2024):**

- Some tariffs remain in place under **Biden**, though with adjustments.

- The **China tariffs** are under review, with debates over whether to keep, expand, or roll them back.