#TrumpTariffs

**#TrumpTariffs** were import taxes imposed by the Trump administration (2017–2021) to protect U.S. industries and pressure trade partners. Key actions:

- **Steel/Aluminum Tariffs (2018):** 25% on steel, 10% on aluminum (including allies).

- **China Trade War (2018–2020):** Tariffs on **$370B+** of Chinese goods (up to 25%), leading to retaliatory measures.

- **Phase One Deal (2020):** China agreed to buy more U.S. goods but didn’t fully comply.

**Impact:**

✅ Helped some U.S. industries but ❌ raised costs for businesses/consumers and hurt farmers. Biden kept most tariffs but with adjustments.

**TL;DR:** Trump’s tariffs reshaped U.S. trade policy—boosted some jobs but also sparked price hikes and trade fights.