#TrumpTariffs Key Facts About Trump Tariffs:

1. China Trade War

The most high-profile tariffs were imposed on Chinese goods, leading to a trade war.

Tariffs were imposed on hundreds of billions of dollars worth of Chinese imports.

China responded with retaliatory tariffs on U.S. goods like soybeans, pork, and cars.

2. Steel and Aluminum Tariffs

In 2018, the Trump administration placed a 25% tariff on steel and a 10% tariff on aluminum imports.

These tariffs applied even to U.S. allies like Canada, Mexico, and the EU, which caused diplomatic tensions.

3. Automobiles and Other Goods

Trump threatened tariffs on European cars and other goods to pressure trade negotiations.

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๐Ÿ“Š Economic Impact

Supporters argued:

The tariffs protected American manufacturing.

They pushed foreign countries to negotiate fairer trade deals.

Critics argued:

Tariffs increased costs for American consumers and businesses.

They hurt U.S. farmers and exporters due to retaliation.

They disrupted global supply chains.

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๐Ÿ“… After Trump:

The Biden administration has kept many Trump-era tariffs in place, especially on China, but has taken a more multilateral approach to trade disputes.