# Trump's Tariffs

Former U.S. President Donald Trump imposed high tariffs on imports from certain countries, including China, Canada, and Mexico, aiming to shift the trade balance in favor of the United States. These decisions sparked widespread controversy and criticism from the targeted countries.

# Effects of Tariffs

Tariffs led to¹:

- *Increased Costs*: The costs of cars and consumer electronics imported from China have risen, affecting American consumers.

- *Economic Slowdown*: Tariffs caused a vicious cycle of rising costs and declining demand, leading to an economic slowdown.

- *International Reactions*: U.S. trade policies have sparked a wave of international reactions, especially from key trading partners, as China, Canada, and Mexico imposed retaliatory tariffs on U.S. goods.

# International Reactions

- *China*: Imposed retaliatory tariffs on U.S. goods worth over $110 billion, targeting electronic products and cars.

- *Canada*: Imposed similar tariffs of 25% on U.S. goods worth $155 billion.

- *Mexico*: Committed to imposing retaliatory tariffs on the U.S. and other measures in defense of its interests.

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