#TrumpTariffs

The Trump tariffs, implemented during Donald Trump's presidency, significantly impacted global trade. Focused mainly on China, these tariffs aimed to reduce the U.S. trade deficit and protect American industries. By imposing higher duties on imported goods, the U.S. sought to encourage domestic production. However, the move triggered a trade war, with China and other nations retaliating with their own tariffs on American products. This led to increased costs for businesses and consumers, supply chain disruptions, and market volatility. While some U.S. industries benefited, others, like agriculture and manufacturing, faced challenges. The tariffs reshaped global trade dynamics, highlighting the complexities of protectionist policies.