#TrumpTariffs $Trump tariffs refer to the import taxes imposed during Donald Trump’s presidency, primarily aimed at reducing trade deficits and promoting American manufacturing. Starting in 2018, tariffs targeted China, the European Union, Canada, and Mexico. The U.S. imposed duties on steel, aluminum, and hundreds of billions worth of Chinese goods, citing unfair trade practices and intellectual property theft. In response, affected countries retaliated with their own tariffs. While intended to protect U.S. industries and jobs, the tariffs led to trade tensions, increased costs for American businesses and consumers, and disrupted global supply chains. The long-term effects remain debated among economists.