#TrumpTariffs

Donald Trump's tariffs have been a defining feature of his trade policy, aimed at protecting U.S. industries and reducing trade deficits. In his second term, Trump significantly increased tariffs, including doubling steel and aluminum import tariffs to 50% and imposing a sweeping 10% tariff on all imported goods. He also targeted China with tariffs reaching up to 34%, and proposed even higher rates, such as 60% on Chinese goods and 20% on all other imports. These tariffs are intended to punish countries for trade barriers and revive American manufacturing but have raised concerns about higher consumer prices and global economic impacts.