#TrumpTariffs

U.S. tariffs are taxes imposed on imported goods to protect domestic industries, reduce trade deficits, or respond to unfair trade practices. They raise the cost of foreign products, encouraging consumers to buy American-made goods. While tariffs can support local jobs and industries, they may also lead to higher prices for consumers and retaliation from trading partners. Recent examples include tariffs on Chinese goods during the U.S.–China trade war and duties on steel and aluminum. Tariffs are a key tool in U.S. trade policy, used strategically to negotiate better trade terms or address national security concerns in global commerce.