#TrumpTariffs

Trump's tariffs, particularly on Chinese goods, led to several disadvantages. They triggered retaliatory tariffs, hurting U.S. exporters, especially farmers and manufacturers. Consumers faced higher prices as import costs rose, reducing purchasing power. Many U.S. companies suffered from supply chain disruptions and increased production costs due to pricier imported materials like steel and aluminum. The tariffs also created uncertainty in global markets, discouraging investment. While aimed at reducing trade deficits and protecting U.S. industries, the overall impact was mixed, with minimal long-term job gains in targeted sectors and broader economic strain across industries reliant on global trade and imported goods.