#TrumpTariffs šŗšø
Trumpās Tariffs: Economic Strategy or Trade War?
Former President Donald Trumpās tariff policies were designed to protect U.S. industries by imposing steep duties on imports, especially from China. His administration targeted steel, aluminum, and hundreds of billions in Chinese goods, aiming to revive manufacturing and cut trade deficits.
š The Debate:
Supporters say the tariffs boosted domestic production and protected key sectors.
Critics argue they raised consumer prices, hurt U.S. exporters, and provoked retaliatory tariffs, especially harming farmers.
Economists remain divided ā some see tariffs as fair-trade enforcement, while others call them a drag on global commerce.
š® Looking Ahead:
If Trump is re-elected, he has promised to intensify tariffs, which could reshape global trade dynamics once again.