#TrumpTariffs

Do you remember #TrumpTariffs? 📉 When the Trump administration imposed tariffs on a wide range of goods, the goal was to protect domestic industries and rebalance trade. But what were the consequences?

* Price increases: Many companies passed the costs of tariffs onto consumers.

* Effects on global trade: Led to trade tensions with key partners like China and the European Union.

* Support for domestic industries: In some sectors, we saw a boost for American industries, but not without challenges.

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